The Fair Share Report

3 Cushing Ct

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

≈ $849,091

Likely range $721,149 – $866,015, 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 $849,091 home should be assessed near $607,355.

Step 3 · Assessed value

$471,500

Set at the last town-wide revaluation and mostly frozen since. That's $135,855 below what the ratio math suggests (22.4%).

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

$13,824/yr
Public schools$9,716
Morris County$1,457
Town of Randolph$2,651
Randolph average$14,453

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

Town median 58.6%
This home · 55.5%

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
15 SOUTHVIEW RD2026-03$910,0002,31546.9%
19 CHESTNUT HILL RD2026-02$779,9002,27452.3%
17 BONNELL LN2025-02$855,0002,33861.5%
3 LYNN DR2026-01$920,00060.0%
114 SHADY LN2025-12$860,0002,44255.0%
2 CHESTNUT HILL RD2026-04$890,0002,22951.3%
5 ELAINE CT2026-03$885,0002,39252.0%
372 DOVER-CHESTER RD2025-12$650,0002,36453.7%
372 DOVER-CHESTER RD2025-01$588,5002,36459.3%
51 MISTY MOUNTAIN RD2025-04$907,0002,13648.7%
7 DRAKE CT2026-02$880,0002,42057.0%
11 COTTONWOOD DR2025-09$780,0002,69458.9%

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 →