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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%
Step 5 · The bill
This home vs. every recent Montclair sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 BURNSIDE STREET | 2025-01 | $1,100,000 | 2,215 | 54.4% |
| 14 BURNSIDE STREET | 2026-05 | $1,130,000 | 2,205 | 47.3% |
| 325 GROVE STREET | 2025-06 | $1,525,000 | 2,135 | 36.4% |
| 56 WATCHUNG AVENUE | 2025-06 | $1,350,000 | 2,095 | 55.4% |
| 35 CLOVERHILL PLACE | 2025-08 | $1,075,000 | 2,250 | 43.4% |
| 182 WILDWOOD AVENUE | 2025-03 | $1,660,000 | 2,186 | 43.0% |
| 9 BELLAIRE DRIVE | 2025-04 | $1,302,750 | 2,188 | 44.6% |
| 4 CLAREMONT PLACE | 2025-11 | $999,000 | 2,212 | 40.7% |
| 20 LEXINGTON AVENUE | 2025-01 | $735,000 | 2,148 | 49.3% |
| 30 WELLESLEY ROAD | 2026-05 | $1,500,000 | 2,200 | 48.0% |
| 401 NO. FULLERTON AVENUE | 2025-10 | $1,450,000 | 2,132 | 48.1% |
| 72 NO. WILLOW STREET | 2025-05 | $919,000 | 2,170 | 37.1% |
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