The Fair Share Report

6 Rydal Pl

Montclair, NJ 07042

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

≈ $805,285

Likely range $542,323 – $986,650, 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 $805,285 home should be assessed near $453,053.

Step 3 · Assessed value

$354,400

Set at the last town-wide revaluation and mostly frozen since. That's $98,653 below what the ratio math suggests (21.8%).

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

$12,461/yr
Public schools$7,155
Essex County$2,038
Town of Montclair$3,268
Montclair average$22,487

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

Town median 49.3%
This home · 44.0%

30%71%

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
57 UNION STREET C40512026-02$750,0001,54860.6%
7 BELLAIRE DRIVE2025-05$899,0001,52245.5%
379 ORANGE ROAD2025-07$600,0001,62060.6%
7 FRANKLIN AVENUE2025-12$605,0001,55650.7%
7 FRANKLIN AVENUE2025-05$500,0001,55661.3%
34 MONTCLAIR AVENUE2026-04$1,130,0001,65439.2%
73 PLEASANT AVENUE2025-06$931,0001,75236.8%
32 DODD STREET2026-02$1,340,0001,57443.9%
287 ORANGE ROAD2025-12$650,0001,70260.8%
29 NORWOOD AVENUE2026-05$999,9991,64757.6%
12 ENFIELD AVENUE2025-05$508,0001,77855.7%
210 VALLEY ROAD2025-11$1,250,0001,74043.0%

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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 →