The Fair Share Report
11 Ames Rd
Morris, NJ 07933
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 $613,036 – $787,023, from 12 comparable Morris sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Morris assessments sit below market value — republished every October, applied town-wide. A $757,615 home should be assessed near $552,907.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,307 below what the ratio math suggests (1.3%).
Step 4 · The tax rate — same for every Morris home
$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%
Step 5 · The bill
This home vs. every recent Morris sale · assessed ÷ market
50%94%
Paying about right
This home's ratio lands inside Morris's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 WOODCREST DR | 2026-02 | $335,000 | — | 57.6% |
| 190 MT KEMBLE AVE | 2025-09 | $654,190 | 1,789 | 62.0% |
| 194 JAMES ST | 2026-03 | $600,000 | 1,666 | 84.0% |
| 6 LONGWOOD RD | 2025-09 | $1,299,000 | 1,905 | 62.5% |
| 51 FREDERICK PL | 2025-07 | $980,000 | 1,890 | 55.9% |
| 91 LAKE VALLEY RD | 2025-04 | $495,000 | 1,912 | 89.3% |
| 4 INDEPENDENCE WAY | 2025-01 | $650,000 | 1,744 | 75.7% |
| 13 WARREN DR | 2025-02 | $850,000 | 1,980 | 80.2% |
| 17 PILGRIM CT | 2025-06 | $750,000 | 1,712 | 67.2% |
| 80 INDEPENDENCE WAY | 2026-02 | $817,500 | 1,912 | 59.8% |
| 25 NORTHBRIDGE PL | 2025-06 | $860,000 | 1,912 | 61.1% |
| 55 RAYNOR RD | 2025-05 | $705,000 | 2,218 | 70.7% |
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