The Fair Share Report

97 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.

Step 1 · Market value

≈ $1,763,512

Likely range $1,368,228 – $1,814,056, 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 $1,763,512 home should be assessed near $1,234,811.

Step 3 · Assessed value

$868,800

Set at the last town-wide revaluation and mostly frozen since. That's $366,011 below what the ratio math suggests (29.6%).

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

$17,541/yr
Public schools$8,979
Essex County$3,938
Town of Millburn$4,624
Millburn average$26,292

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

Town median 60.8%
This home · 49.3%

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
34 PINE TERRACE EAST2025-06$1,250,0002,32467.4%
29 SOUTH MOUNTAIN ROAD2026-04$1,836,0002,55644.1%
20 INWOOD ROAD2025-05$1,820,0002,37056.6%
45 MOUNTAINVIEW ROAD2025-11$1,810,0002,36351.4%
20 BODWELL TERRACE2025-07$1,225,0002,26667.8%
59 CHURCH STREET2025-09$1,100,0002,17454.8%
105 MOUNTAINVIEW ROAD2025-10$1,300,0002,10859.2%
46 ELMWOOD PLACE2026-04$1,830,0002,35357.7%
26 CLAREMONT DRIVE2025-07$1,900,0002,34953.2%
20 PARKVIEW DRIVE2026-06$1,999,0002,64046.0%
110 WELLINGTON AVENUE2025-06$1,600,0002,07556.9%
90 WHITNEY ROAD2026-03$2,100,0002,69254.4%

Is this your house?

Run your own report →

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 →