The Fair Share Report

12 Maple Dr

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.

Step 1 · Market value

≈ $918,071

Likely range $853,821 – $967,912, from 12 comparable Randolph sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

71.53%

The state's official measure of how far Randolph assessments sit below market value — republished every October, applied town-wide. A $918,071 home should be assessed near $656,696.

Step 3 · Assessed value

$487,300

Set at the last town-wide revaluation and mostly frozen since. That's $169,396 below what the ratio math suggests (25.8%).

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

$2.931 per $100 assessed

$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%

Step 5 · The bill

$14,288/yr
Public schools$10,042
Morris County$1,506
Town of Randolph$2,740
Randolph average$14,453

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

Town median 58.6%
This home · 53.1%

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)

AddressSoldPriceSq ftRatio
123 MOUNTAINSIDE DR2025-10$932,5002,77949.0%
20 LONGHILL RD2025-12$817,0002,56458.5%
9 ROLLING RIDGE RD2025-10$979,0002,76659.6%
11 CHIDESTER RD2025-02$933,0002,73760.0%
90 OLD BROOKSIDE RD2025-11$765,0002,74459.4%
14 OLD CHIMNEY RD2025-08$999,0002,42256.3%
5 JESSICA PL2026-06$950,0002,74155.7%
23 MEADOW BROOK RD2025-10$965,0002,79670.5%
3 OPENAKI RD2025-06$915,0002,74653.1%
17 RICHTER ST2025-02$525,0002,70686.8%
3 SPRINGHILL RD2026-03$870,0002,76264.1%
39 SPRINGHILL RD2025-02$700,0002,64475.0%

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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 →