The Fair Share Report

17 Jay 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

≈ $852,920

Likely range $656,110 – $908,280, from 12 comparable Randolph sales in the past 18 months, at this home's 2,612 sq ft.

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 $852,920 home should be assessed near $610,094.

Step 3 · Assessed value

$515,900

Set at the last town-wide revaluation and mostly frozen since. That's $94,194 below what the ratio math suggests (15.4%).

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

$15,126/yr
Public schools$10,631
Morris County$1,595
Town of Randolph$2,900
Randolph average$14,453

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

Town median 58.6%
This home · 60.5%

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
14 CARRELL RD2026-02$785,0002,40463.4%
51 LONGVIEW AVE2025-04$1,150,0002,90852.5%
17 RICHTER ST2025-02$525,0002,70686.8%
3 OPENAKI RD2025-06$915,0002,74653.1%
14 DOBY RD2025-05$917,0002,44550.5%
90 OLD BROOKSIDE RD2025-11$765,0002,74459.4%
66 FORDS RD2025-12$804,0002,40854.4%
15 ALDEBARAN DR2025-05$970,0002,77058.1%
6 COLONIAL CT2025-09$982,0002,82454.9%
20 LONGHILL RD2025-12$817,0002,56458.5%
82 MOUNTAINSIDE DR2025-11$633,0002,52063.4%
20 EDINBURGH DR2025-06$1,050,0003,09262.2%

Is this your house?

Run your own report →

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 →