The Fair Share Report

7 Clairidge Ct

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

≈ $1,119,238

Likely range $951,539 – $1,581,291, 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 $1,119,238 home should be assessed near $629,683.

Step 3 · Assessed value

$659,900

Set at the last town-wide revaluation and mostly frozen since. That's $30,217 above what the ratio math suggests (4.8%).

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

$23,202/yr
Public schools$13,323
Essex County$3,794
Town of Montclair$6,084
Montclair average$22,487

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

Town median 49.3%
This home · 59.0%

33%75%

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
20 BURNSIDE STREET2025-01$1,100,0002,21554.4%
14 BURNSIDE STREET2026-05$1,130,0002,20547.3%
325 GROVE STREET2025-06$1,525,0002,13536.4%
56 WATCHUNG AVENUE2025-06$1,350,0002,09555.4%
35 CLOVERHILL PLACE2025-08$1,075,0002,25043.4%
182 WILDWOOD AVENUE2025-03$1,660,0002,18643.0%
9 BELLAIRE DRIVE2025-04$1,302,7502,18844.6%
4 CLAREMONT PLACE2025-11$999,0002,21240.7%
20 LEXINGTON AVENUE2025-01$735,0002,14849.3%
30 WELLESLEY ROAD2026-05$1,500,0002,20048.0%
401 NO. FULLERTON AVENUE2025-10$1,450,0002,13248.1%
72 NO. WILLOW STREET2025-05$919,0002,17037.1%

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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 →