The Fair Share Report

19 E Logan Rd

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

≈ $612,211

Likely range $567,222 – $652,707, from 12 comparable Randolph sales in the past 18 months, at this home's 1,896 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 $612,211 home should be assessed near $437,915.

Step 3 · Assessed value

$376,900

Set at the last town-wide revaluation and mostly frozen since. That's $61,015 below what the ratio math suggests (13.9%).

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

$11,051/yr
Public schools$7,767
Morris County$1,165
Town of Randolph$2,119
Randolph average$14,453

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

Town median 58.6%
This home · 61.6%

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
70 BROOKSIDE RD2025-02$660,0002,04457.7%
16 SENECA TRL2025-11$692,0002,05854.7%
59 GRIST MILL RD2025-08$575,0002,09457.8%
19 RIDGEWOOD DR2025-11$620,0001,85558.5%
43 RIDGEWOOD DR2025-09$650,0001,85555.0%
61 RIDGEWOOD DR2025-08$565,0001,85561.7%
47 BUCKINGHAM CT2025-01$575,0001,92263.5%
119 WOODMONT DR2025-12$575,0001,84564.2%
12 MAHOGANY WAY2025-09$635,0001,84556.0%
1134 SUSSEX TPKE2026-04$780,0001,87241.9%
22 KENSINGTON DR2025-03$567,5001,97964.3%
24 KENSINGTON DR2025-05$615,0001,99659.9%

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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 →