The Fair Share Report
136 Arrowgate 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $575,861 – $670,622, 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 $626,678 home should be assessed near $448,263.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $86,163 below what the ratio math suggests (19.2%).
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 |
|---|---|---|---|---|
| 47 BUCKINGHAM CT | 2025-01 | $575,000 | 1,922 | 63.5% |
| 22 KENSINGTON DR | 2025-03 | $567,500 | 1,979 | 64.3% |
| 24 KENSINGTON DR | 2025-05 | $615,000 | 1,996 | 59.9% |
| 40 RIDGEWOOD DR | 2025-04 | $490,000 | 2,028 | 75.8% |
| 34 ARROWGATE DR | 2025-09 | $570,000 | 1,770 | 65.2% |
| 87 ARROWGATE DR | 2025-06 | $605,000 | 1,770 | 59.9% |
| 149 ARROWGATE DR | 2025-02 | $470,000 | 1,770 | 77.0% |
| 19 RIDGEWOOD DR | 2025-11 | $620,000 | 1,855 | 58.5% |
| 43 RIDGEWOOD DR | 2025-09 | $650,000 | 1,855 | 55.0% |
| 61 RIDGEWOOD DR | 2025-08 | $565,000 | 1,855 | 61.7% |
| 119 WOODMONT DR | 2025-12 | $575,000 | 1,845 | 64.2% |
| 12 MAHOGANY WAY | 2025-09 | $635,000 | 1,845 | 56.0% |
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