The Fair Share Report

20 Third St

Roxbury, NJ 07847

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

≈ $503,573

Likely range $390,467 – $569,733, from 12 comparable Roxbury sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.45%

The state's official measure of how far Roxbury assessments sit below market value — republished every October, applied town-wide. A $503,573 home should be assessed near $324,553.

Step 3 · Assessed value

$273,900

Set at the last town-wide revaluation and mostly frozen since. That's $50,653 below what the ratio math suggests (15.6%).

Step 4 · The tax rate — same for every Roxbury home

$2.820 per $100 assessed

$1.792 Schools · 64% $0.336 County · 12% $0.693 Town · 25%

Step 5 · The bill

$7,727/yr
Public schools$4,908
Morris County$920
Town of Roxbury$1,898
Roxbury average$9,773

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

Town median 57.0%
This home · 54.4%

43%80%

Paying about right

This home's ratio lands inside Roxbury'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
4 MECHANIC ST2025-06$400,0001,56072.7%
20 CORWIN ST2026-01$390,0001,55463.6%
3 RARITAN AVE2025-07$540,0001,47256.4%
7 TROY LN2026-05$975,00066.7%
53 MT ARLINGTON RD2025-09$520,0001,41661.6%
31 N FIRST AVE2025-11$550,0001,58344.1%
238 DRAKE LN2026-03$420,0001,48953.6%
238 DRAKE LN2025-05$399,3001,48956.4%
17 UNNEBERG AVE2026-01$585,0001,49751.3%
8 CORWIN ST2025-10$550,1001,66457.8%
51 MT ARLINGTON RD2025-02$455,0001,37750.7%
14 AVON TER2025-08$575,0001,58053.4%

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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 →