The Fair Share Report

2 Doby Rd

Randolph, NJ 07945

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

≈ $712,795

Likely range $670,627 – $817,471, from 12 comparable Randolph sales in the past 18 months, at this home's 2,540 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 $712,795 home should be assessed near $509,862.

Step 3 · Assessed value

$510,400

Set at the last town-wide revaluation and mostly frozen since. That's $538 above what the ratio math suggests (0.1%).

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

$14,965/yr
Public schools$10,518
Morris County$1,578
Town of Randolph$2,869
Randolph average$14,453

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

Town median 58.6%
This home · 71.6%

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
19 LAWRENCE RD2025-12$640,0002,42467.0%
82 MOUNTAINSIDE DR2025-11$633,0002,52063.4%
10 FARVIEW AVE2026-06$801,0002,45953.8%
75 CALAIS RD2026-01$840,0002,61051.1%
90 OLD BROOKSIDE RD2025-11$765,0002,74459.4%
20 HARMONY RD2025-07$650,0002,63859.8%
20 LONGHILL RD2025-12$817,0002,56458.5%
4A SOUTHVIEW RD2026-04$830,0002,51161.6%
17 JAY DR2025-02$733,0002,61270.4%
193 CENTER GROVE RD2025-12$670,0002,18161.1%
17 RICHTER ST2025-02$525,0002,70686.8%
1526 SUSSEX TPKE2025-03$663,6502,10364.7%

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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 →