The Fair Share Report
21 Alpine Dr
Morris, NJ 07960
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Morris's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $1,035,212 – $1,273,595, from 12 comparable Morris 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 Morris assessments sit below market value — republished every October, applied town-wide. A $1,091,335 home should be assessed near $796,456.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $98,956 below what the ratio math suggests (12.4%).
Step 4 · The tax rate — same for every Morris home
$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%
Step 5 · The bill
This home vs. every recent Morris sale · assessed ÷ market
49%89%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 COBBLESTONE LN | 2025-08 | $2,025,000 | 2,936 | 48.1% |
| 5 DARNAY RD | 2026-04 | $1,150,000 | 3,078 | 65.7% |
| 15 SQUIRREL RUN | 2025-08 | $950,000 | 2,487 | 80.9% |
| 63 SKYLINE DR | 2025-07 | $950,000 | 2,670 | 58.0% |
| 1 JARDINE CT | 2026-01 | $940,000 | 2,522 | 63.3% |
| 66 SKYLINE DR | 2026-01 | $1,175,000 | 2,714 | 82.9% |
| 53 LAURA LN | 2025-03 | $1,475,000 | 3,106 | 62.7% |
| 20 PEPPERIDGE RD | 2025-11 | $989,000 | 2,700 | 61.0% |
| 24 LORD WM PENN DR | 2026-05 | $950,000 | 2,276 | 55.9% |
| 27 ELLSWORTH AVE | 2025-04 | $1,320,000 | 2,508 | 49.2% |
| 2 CRAIG CT | 2025-10 | $870,000 | 2,684 | 66.2% |
| 32 VALLEY VIEW ST WEST | 2025-12 | $999,999 | 3,292 | 72.6% |
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