The Fair Share Report
2 Jared Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $683,367 – $968,381, 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 $936,183 home should be assessed near $669,652.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $128,452 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 |
|---|---|---|---|---|
| 123 MOUNTAINSIDE DR | 2025-10 | $932,500 | 2,779 | 49.0% |
| 20 HARMONY RD | 2025-07 | $650,000 | 2,638 | 59.8% |
| 6 QUARRY CT | 2025-12 | $710,000 | 2,966 | 78.5% |
| 90 OLD BROOKSIDE RD | 2025-11 | $765,000 | 2,744 | 59.4% |
| 40 SHONGUM RD | 2025-07 | $725,000 | 2,915 | 52.4% |
| 3 OPENAKI RD | 2025-06 | $915,000 | 2,746 | 53.1% |
| 10 FARVIEW AVE | 2026-06 | $801,000 | 2,459 | 53.8% |
| 17 RICHTER ST | 2025-02 | $525,000 | 2,706 | 86.8% |
| 82 MOUNTAINSIDE DR | 2025-11 | $633,000 | 2,520 | 63.4% |
| 20 LONGHILL RD | 2025-12 | $817,000 | 2,564 | 58.5% |
| 342 CENTER GROVE RD | 2025-07 | $999,999 | 2,842 | 46.4% |
| 4A SOUTHVIEW RD | 2026-04 | $830,000 | 2,511 | 61.6% |
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