The Fair Share Report

82 Maple St

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.

Step 1 · Market value

≈ $1,946,620

Likely range $1,703,953 – $2,132,737, from 12 comparable Millburn sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

70.02%

The state's official measure of how far Millburn assessments sit below market value — republished every October, applied town-wide. A $1,946,620 home should be assessed near $1,363,023.

Step 3 · Assessed value

$1,005,500

Set at the last town-wide revaluation and mostly frozen since. That's $357,523 below what the ratio math suggests (26.2%).

Step 4 · The tax rate — same for every Millburn home

$2.019 per $100 assessed

$1.033 Schools · 51% $0.453 County · 22% $0.532 Town · 26%

Step 5 · The bill

$20,301/yr
Public schools$10,392
Essex County$4,557
Town of Millburn$5,352
Millburn average$26,292

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

Town median 60.8%
This home · 51.7%

42%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)

AddressSoldPriceSq ftRatio
29 MAPLE TERRACE2025-08$1,700,0002,63949.0%
38 CAMPBELL ROAD2025-03$1,790,0002,65657.4%
19 HAWTHORNE ROAD2026-01$1,975,0002,54265.0%
83 MOUNTAINVIEW ROAD2025-08$1,750,0002,73953.1%
42 HADDONFIELD ROAD2025-07$2,200,0002,98964.7%
90 WHITNEY ROAD2026-03$2,100,0002,69254.4%
86 ELM STREET2025-05$1,910,0002,46449.8%
105 WELLINGTON AVENUE2025-08$1,585,0002,92664.4%
30 COLONIAL WAY2026-04$2,305,0002,52651.0%
20 PARKVIEW DRIVE2026-06$1,999,0002,64046.0%
11 WYNDHAM ROAD2025-02$1,752,5002,42660.4%
28 PINE TERRACE WEST2025-07$1,830,0002,61657.0%

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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 →