The Fair Share Report
11 Memory Ln
Randolph, NJ 07869
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 $1,026,496 – $1,348,068, from 12 comparable Randolph 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 Randolph assessments sit below market value — republished every October, applied town-wide. A $1,152,928 home should be assessed near $824,689.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,589 below what the ratio math suggests (10.1%).
Step 4 · The tax rate — same for every Randolph home
$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%
Step 5 · The bill
This home vs. every recent Randolph sale · assessed ÷ market
45%88%
Paying about right
This home's ratio lands inside Randolph'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 |
|---|---|---|---|---|
| 17 RIPPLEWOOD DR | 2026-03 | $1,275,000 | 3,821 | 63.0% |
| 19 TIMBER LN | 2025-10 | $999,999 | 3,560 | 65.7% |
| 12 BIRCH ST | 2026-03 | $655,000 | 4,014 | 77.7% |
| 10 LOOKOUT RD | 2026-04 | $1,150,000 | 3,768 | 56.8% |
| 7 OLD WOOD LN SOUTH | 2025-05 | $1,300,000 | 3,690 | 53.0% |
| 11 SPARROW RD | 2025-05 | $975,000 | 3,244 | 59.8% |
| 22 BURNETT BROOK DR | 2025-04 | $999,999 | 3,881 | 65.9% |
| 63 LONGVIEW AVE | 2025-04 | $861,000 | 3,778 | 67.5% |
| 61 BARBARA DR | 2025-02 | $1,310,000 | 3,796 | 58.7% |
| 20 BRAGMAN RD | 2025-07 | $1,100,000 | 3,704 | 64.5% |
| 29 LEIGH CT | 2025-01 | $999,000 | 3,541 | 61.2% |
| 5 MARINER DR | 2025-08 | $908,000 | 3,342 | 66.4% |
Is this your house?
Run your own report →