The Fair Share Report

20 Devonshire 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

≈ $1,414,813

Likely range $1,319,945 – $1,805,624, 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 $1,414,813 home should be assessed near $1,012,016.

Step 3 · Assessed value

$949,100

Set at the last town-wide revaluation and mostly frozen since. That's $62,916 below what the ratio math suggests (6.2%).

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

$27,828/yr
Public schools$19,558
Morris County$2,934
Town of Randolph$5,336
Randolph average$14,453

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

Town median 58.6%
This home · 67.1%

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
35 ROC ETAM RD2025-05$1,500,0004,73962.3%
14 SHADOWBROOK WAY2026-06$1,685,0004,47051.8%
10 KINGSBROOK CT2025-04$1,375,0004,89575.0%
165 DOVER-CHESTER RD2025-05$1,230,0004,28868.2%
49 CARRELL RD2025-07$1,150,0004,78063.8%
1 TROUT BROOK LN2026-05$1,275,0003,36458.0%
1 APPLEWOOD LN2025-10$1,300,0004,48668.4%
49 HERITAGE CT2026-04$1,180,0003,18456.5%
7 TAMARI CT2025-09$1,242,5005,01572.1%
10 CAMBRIDGE CT2025-12$1,236,5004,72663.9%
53 BARBARA DR2025-09$1,450,0003,78054.8%
23 BRAGMAN RD2025-06$1,310,0004,50157.6%

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 →