The Fair Share Report

9 Sutherland Rd

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.

Step 1 · Market value

≈ $1,804,413

Likely range $1,046,928 – $2,115,014, from 12 comparable Montclair sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.26%

The state's official measure of how far Montclair assessments sit below market value — republished every October, applied town-wide. A $1,804,413 home should be assessed near $1,015,163.

Step 3 · Assessed value

$944,600

Set at the last town-wide revaluation and mostly frozen since. That's $70,563 below what the ratio math suggests (7.0%).

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

$3.516 per $100 assessed

$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%

Step 5 · The bill

$33,212/yr
Public schools$19,071
Essex County$5,431
Town of Montclair$8,709
Montclair average$22,487

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

Town median 49.3%
This home · 52.3%

33%96%

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)

AddressSoldPriceSq ftRatio
517 PARK STREET2025-06$1,200,0003,43947.2%
59 WATCHUNG AVENUE2025-04$1,140,0003,50861.8%
558 PARK STREET2025-04$1,955,0003,35545.8%
110 HIGH STREET2025-07$1,800,0003,59754.2%
59 ELSTON ROAD2026-06$1,925,0003,25354.0%
20 MAPLE AVENUE2025-09$900,0003,29241.0%
38 NORMAN ROAD2025-06$2,300,0003,37249.0%
221 CHRISTOPHER STREET2026-06$2,050,0003,19451.2%
18 DURYEA ROAD2025-06$1,880,0003,16442.0%
30 PLYMOUTH STREET2025-11$1,875,0003,58636.6%
237 NO. MOUNTAIN AVENUE2025-05$1,725,0003,79459.7%
150 GORDONHURST AVENUE2025-05$1,575,0003,18547.8%

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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 →