The Fair Share Report

53 Beverley Rd

Montclair, NJ 07751

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $1,361,842

Likely range $1,198,602 – $1,573,516, from 12 comparable Montclair sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.26%

The state's official measure of how far Montclair assessments sit below market value — republished every October, applied town-wide. A $1,361,842 home should be assessed near $766,172.

Step 3 · Assessed value

$612,600

Set at the last town-wide revaluation and mostly frozen since. That's $153,572 below what the ratio math suggests (20.0%).

Step 4 · The tax rate — same for every Montclair home

$3.516 per $100 assessed

$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%

Step 5 · The bill

$21,539/yr
Public schools$12,368
Essex County$3,522
Town of Montclair$5,648
Montclair average$22,487

This home vs. every recent Montclair sale · assessed ÷ market

Town median 49.3%
This home · 45.0%

33%70%

Paying about right

This home's ratio lands inside Montclair's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
220 GROVE STREET2025-03$955,0002,06060.8%
401 NO. FULLERTON AVENUE2025-10$1,450,0002,13248.1%
26 CLAIRIDGE COURT2026-04$1,600,0002,13042.1%
20 COLUMBUS AVENUE2026-06$1,200,0001,98552.2%
210 GROVE STREET2025-08$1,300,0001,97642.1%
9 BELLAIRE DRIVE2025-04$1,302,7502,18844.6%
30 WELLESLEY ROAD2026-05$1,500,0002,20048.0%
182 WILDWOOD AVENUE2025-03$1,660,0002,18643.0%
18 BRAEMORE ROAD2025-08$1,551,0002,09941.4%
14 WARD PLACE2025-10$685,0002,10051.1%
325 GROVE STREET2025-06$1,525,0002,13536.4%
180 WILDWOOD AVENUE2025-11$1,651,0002,23247.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →