The Fair Share Report
87 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,877,150 – $2,264,024, from 12 comparable Millburn sales in the past 18 months, at this home's 2,914 sq ft.
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 $2,093,155 home should be assessed near $1,465,627.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $468,127 below what the ratio math suggests (31.9%).
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
39%86%
Keep quiet and enjoy it
This home's assessment ratio sits below the Millburn pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 105 WELLINGTON AVENUE | 2025-08 | $1,585,000 | 2,926 | 64.4% |
| 42 HADDONFIELD ROAD | 2025-07 | $2,200,000 | 2,989 | 64.7% |
| 29 MAPLE TERRACE | 2025-08 | $1,700,000 | 2,639 | 49.0% |
| 19 HAWTHORNE ROAD | 2026-01 | $1,975,000 | 2,542 | 65.0% |
| 38 CAMPBELL ROAD | 2025-03 | $1,790,000 | 2,656 | 57.4% |
| 90 WHITNEY ROAD | 2026-03 | $2,100,000 | 2,692 | 54.4% |
| 89 MAPLE STREET | 2025-07 | $1,893,000 | 2,958 | 63.5% |
| 86 ELM STREET | 2025-05 | $1,910,000 | 2,464 | 49.8% |
| 83 MOUNTAINVIEW ROAD | 2025-08 | $1,750,000 | 2,739 | 53.1% |
| 27 WHITNEY ROAD | 2025-03 | $2,275,000 | 2,829 | 55.5% |
| 20 PARKVIEW DRIVE | 2026-06 | $1,999,000 | 2,640 | 46.0% |
| 20 RIDGE TERRACE | 2025-08 | $2,595,000 | 3,115 | 47.7% |
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