The Fair Share Report

6 Hover Dr

Mount Arlington, NJ 07856

The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Mount Arlington's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $656,836

Likely range $578,454 – $741,630, from 12 comparable Mount Arlington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

79.84%

The state's official measure of how far Mount Arlington assessments sit below market value — republished every October, applied town-wide. A $656,836 home should be assessed near $524,418.

Step 3 · Assessed value

$558,600

Set at the last town-wide revaluation and mostly frozen since. That's $34,182 above what the ratio math suggests (6.5%).

Step 4 · The tax rate — same for every Mount Arlington home

$2.202 per $100 assessed

$1.228 Schools · 56% $0.272 County · 12% $0.702 Town · 32%

Step 5 · The bill

$12,306/yr
Public schools$6,863
Morris County$1,520
Town of Mount Arlington$3,923
Mount Arlington average$9,071

This home vs. every recent Mount Arlington sale · assessed ÷ market

Town median 70.7%
This home · 85.0%

57%102%

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

AddressSoldPriceSq ftRatio
145 CRESTVIEW LN2025-08$579,9002,56877.1%
9 EVERGREEN WAY2025-09$550,0002,43175.6%
35 KADEL DR2025-08$545,0002,46777.3%
3 EVERGREEN WAY2025-09$675,0002,82269.3%
103 ONDISH CT2025-11$729,0002,50977.5%
102 ONDISH CT2025-10$701,5002,78070.1%
126 ONDISH CT2025-02$782,5002,78970.4%
624 SANDRA DR2025-09$580,0003,077111.1%
107 ONDISH CT2025-11$739,0002,81874.8%
580 ERIC LN2025-08$480,0002,04880.0%
2 CATAMARAN CT2025-09$1,103,5532,39273.1%
136 CRESTVIEW LN2026-04$610,0002,28266.0%

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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 →