The Fair Share Report

3 E Logan Rd

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

≈ $1,047,925

Likely range $950,785 – $1,231,288, from 12 comparable Randolph sales in the past 18 months, at this home's 3,690 sq ft.

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 $1,047,925 home should be assessed near $749,581.

Step 3 · Assessed value

$501,900

Set at the last town-wide revaluation and mostly frozen since. That's $247,681 below what the ratio math suggests (33.0%).

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

$14,716/yr
Public schools$10,343
Morris County$1,551
Town of Randolph$2,822
Randolph average$14,453

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

Town median 58.6%
This home · 47.9%

35%88%

Keep quiet and enjoy it

This home's assessment ratio sits below the Randolph pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
7 OLD WOOD LN SOUTH2025-05$1,300,0003,69053.0%
17 RIPPLEWOOD DR2026-03$1,275,0003,82163.0%
20 BRAGMAN RD2025-07$1,100,0003,70464.5%
29 LEIGH CT2025-01$999,0003,54161.2%
216 DOVER-CHESTER RD2025-05$700,0003,31865.3%
63 LONGVIEW AVE2025-04$861,0003,77867.5%
16 DOGWOOD TRL2025-12$840,0003,40555.3%
17 KNOLLWOOD TER2026-01$1,300,0003,69552.1%
102 PLEASANT HILL RD2025-07$1,105,0004,21068.7%
4 WATERVIEW LN2026-01$1,180,0003,66062.9%
22 BURNETT BROOK DR2025-04$999,9993,88165.9%
7 SHAKER MILL RD2025-08$1,300,0003,46258.6%

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 →