The Fair Share Report
6 Farview Rd
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 $1,465,386 – $1,820,755, from 12 comparable Millburn sales in the past 18 months, at this home's 1,930 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 $1,662,897 home should be assessed near $1,164,360.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $188,260 below what the ratio math suggests (16.2%).
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 |
|---|---|---|---|---|
| 1 CLIVE HILLS ROAD | 2025-06 | $1,600,000 | 2,124 | 75.8% |
| 87 GREAT HILLS ROAD | 2025-08 | $1,800,000 | 1,908 | 51.7% |
| 250 OLD SHORT HILLS ROAD | 2026-05 | $1,795,000 | 1,857 | 48.8% |
| 250 OLD SHORT HILLS ROAD | 2025-06 | $1,600,000 | 1,857 | 54.7% |
| 1 ALEXANDER LANE | 2025-09 | $1,700,000 | 2,239 | 53.9% |
| 10 FIELDING ROAD | 2026-04 | $1,800,000 | 2,041 | 64.2% |
| 18 SILVER SPRING ROAD | 2025-07 | $1,700,000 | 2,250 | 55.7% |
| 378 WHITE OAK RIDGE ROAD | 2026-03 | $1,455,000 | 1,619 | 50.9% |
| 16 BRIARWOOD DRIVE | 2025-08 | $1,950,000 | 2,408 | 47.3% |
| 221 PARSONAGE HILL ROAD | 2025-12 | $1,695,000 | 1,982 | 58.3% |
| 285 TAYLOR ROAD SOUTH | 2025-05 | $1,925,000 | 1,934 | 63.5% |
| 330 WYOMING AVENUE | 2025-05 | $960,000 | 2,118 | 72.9% |
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