The Fair Share Report

9 Robert Dr

Millburn, NJ 07078

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

≈ $3,508,556

Likely range $3,202,105 – $3,938,253, from 12 comparable Millburn sales in the past 18 months, at this home's 5,582 sq ft.

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 $3,508,556 home should be assessed near $2,456,691.

Step 3 · Assessed value

$1,900,000

Set at the last town-wide revaluation and mostly frozen since. That's $556,691 below what the ratio math suggests (22.7%).

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

$38,361/yr
Public schools$19,637
Essex County$8,611
Town of Millburn$10,113
Millburn average$26,292

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

Town median 60.8%
This home · 54.2%

43%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
126 FAIRFIELD DRIVE2026-06$3,500,0005,75691.9%
3 DENMAN COURT2026-05$3,000,0004,60269.2%
8 SHERWOOD ROAD2025-04$4,288,0005,50260.6%
96 WESTVIEW ROAD2026-05$3,740,0005,30160.8%
1 LENAPE ROAD2026-06$2,450,0004,39166.3%
14 DORSET LANE2026-03$2,785,0005,88167.6%
33 WEST BEECHCROFT ROAD2025-06$2,612,5005,01239.1%
303 WHITE OAK RIDGE ROAD2025-11$3,460,0004,34854.4%
162 HARTSHORN DRIVE2025-12$3,350,0005,14479.2%
141 FOREST DRIVE NORTH2025-01$2,695,0004,69885.3%
91 FAIRFIELD DRIVE2025-08$3,700,0006,08367.6%
54 BARNSDALE ROAD2025-04$3,125,0004,64571.0%

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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 →