The Fair Share Report

11 Longview Pl

Morris, NJ 07960

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

≈ $1,047,407

Likely range $1,004,384 – $1,251,901, from 12 comparable Morris sales in the past 18 months, at this home's 2,742 sq ft.

Step 2 · The Director's Ratio

72.98%

The state's official measure of how far Morris assessments sit below market value — republished every October, applied town-wide. A $1,047,407 home should be assessed near $764,398.

Step 3 · Assessed value

$583,300

Set at the last town-wide revaluation and mostly frozen since. That's $181,098 below what the ratio math suggests (23.7%).

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

$1.968 per $100 assessed

$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%

Step 5 · The bill

$11,479/yr
Public schools$6,694
Morris County$1,768
Town of Morris$3,017
Morris average$11,253

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

Town median 66.5%
This home · 55.7%

41%89%

Keep quiet and enjoy it

This home's assessment ratio sits below the Morris 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)

AddressSoldPriceSq ftRatio
55 MENDHAM AVE2025-06$700,0002,74266.9%
131 KITCHELL RD2025-05$1,125,0002,37569.4%
66 SKYLINE DR2026-01$1,175,0002,71482.9%
46 JUNARD DR2026-06$893,0002,73168.0%
63 SKYLINE DR2025-07$950,0002,67058.0%
20 PEPPERIDGE RD2025-11$989,0002,70061.0%
5 COBBLESTONE LN2025-08$2,025,0002,93648.1%
15 SQUIRREL RUN2025-08$950,0002,48780.9%
5 DARNAY RD2026-04$1,150,0003,07865.7%
8 CROMWELL DR2026-04$999,9992,52260.9%
19 WHITNEY FARM PL2025-08$1,100,0002,59563.8%
36 CABELL CT2025-01$956,0002,59573.8%

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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 →