The Fair Share Report
58 Maple St
Millburn, NJ 07041
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,723,804 – $2,096,204, from 12 comparable Millburn sales in the past 18 months, at this home's 2,698 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Millburn assessments sit below market value — republished every October, applied town-wide. A $1,887,593 home should be assessed near $1,321,693.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $88,993 below what the ratio math suggests (6.7%).
Step 4 · The tax rate — same for every Millburn home
$1.033 Schools · 51% $0.453 County · 22% $0.532 Town · 26%
Step 5 · The bill
This home vs. every recent Millburn sale · assessed ÷ market
45%86%
Paying about right
This home's ratio lands inside Millburn's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 40 WINDING WAY | 2025-06 | $1,875,000 | 2,680 | 59.2% |
| 72 MYRTLE AVENUE | 2025-12 | $2,430,000 | 2,764 | 58.0% |
| 8 WOODSTONE CIRCLE | 2026-03 | $1,929,000 | 3,098 | 66.6% |
| 50A WILLOW STREET | 2025-07 | $1,200,000 | 2,275 | 61.8% |
| 420 MILLBURN AVENUE | 2025-05 | $1,750,000 | 2,484 | 42.0% |
| 69A MECHANIC STREET | 2025-10 | $1,287,000 | 2,518 | 60.2% |
| 84 CEDAR STREET | 2026-06 | $2,000,000 | 2,665 | 45.6% |
| 29 MAPLE TERRACE | 2025-08 | $1,700,000 | 2,639 | 49.0% |
| 19 HAWTHORNE ROAD | 2026-01 | $1,975,000 | 2,542 | 65.0% |
| 83 MOUNTAINVIEW ROAD | 2025-08 | $1,750,000 | 2,739 | 53.1% |
| 28 PINE TERRACE WEST | 2025-07 | $1,830,000 | 2,616 | 57.0% |
| 90 WHITNEY ROAD | 2026-03 | $2,100,000 | 2,692 | 54.4% |
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