The Fair Share Report
75 Mountainview 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 $1,914,298 – $2,566,755, from 12 comparable Millburn 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 Millburn assessments sit below market value — republished every October, applied town-wide. A $2,281,592 home should be assessed near $1,597,571.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $422,371 below what the ratio math suggests (26.4%).
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
40%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 |
|---|---|---|---|---|
| 45 GREAT HILLS ROAD | 2025-07 | $1,999,000 | 3,074 | 39.4% |
| 51 WOODCREST AVENUE | 2026-04 | $2,851,400 | 3,134 | 51.8% |
| 200 OLD SHORT HILLS ROAD | 2025-06 | $1,810,000 | 3,040 | 55.1% |
| 9 EAST LANE | 2025-06 | $2,710,000 | 3,612 | 77.2% |
| 75 FARLEY ROAD | 2025-07 | $2,160,000 | 2,609 | 63.1% |
| 80 CEDAR STREET | 2025-07 | $2,100,000 | 2,956 | 57.3% |
| 36 THACKERAY DRIVE | 2026-06 | $1,999,999 | 3,088 | 65.1% |
| 20 RIDGE TERRACE | 2025-08 | $2,595,000 | 3,115 | 47.7% |
| 45 WOODCREST AVENUE | 2025-09 | $1,915,000 | 3,005 | 61.9% |
| 2 WEST BEECHCROFT ROAD | 2025-03 | $2,094,000 | 3,168 | 77.7% |
| 67 WEST ROAD | 2026-06 | $2,130,650 | 2,799 | 56.3% |
| 67 WEST ROAD | 2025-06 | $1,900,000 | 2,799 | 63.2% |
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