The Fair Share Report

14 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

≈ $739,303

Likely range $653,260 – $815,821, 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 $739,303 home should be assessed near $528,823.

Step 3 · Assessed value

$389,800

Set at the last town-wide revaluation and mostly frozen since. That's $139,023 below what the ratio math suggests (26.3%).

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

$11,429/yr
Public schools$8,033
Morris County$1,205
Town of Randolph$2,191
Randolph average$14,453

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

Town median 58.6%
This home · 52.7%

42%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
83 RIDGE RD2025-04$700,0002,06654.3%
17 RADTKE RD2025-09$674,0002,21556.2%
107 HIGH ST2026-03$1,100,0002,15638.4%
7 HOLLY DR2025-11$935,0002,19657.9%
2 RICHTER ST2025-04$600,0002,01066.6%
24 MOSTYN RD2025-08$760,0002,17753.0%
15 OLD CHIMNEY RD2025-06$815,0002,23657.5%
6 ALPINE DR2025-12$655,0002,11060.4%
29 DOGWOOD TRL2025-07$710,0002,30466.7%
25 BUDD ST2026-04$860,0002,32954.7%
46 W HANOVER AVE2026-04$630,0001,90254.2%
46 W HANOVER AVE2026-01$487,5001,90270.0%

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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 →