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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%
Step 5 · The bill
This home vs. every recent Randolph sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 OLD WOOD LN SOUTH | 2025-05 | $1,300,000 | 3,690 | 53.0% |
| 17 RIPPLEWOOD DR | 2026-03 | $1,275,000 | 3,821 | 63.0% |
| 20 BRAGMAN RD | 2025-07 | $1,100,000 | 3,704 | 64.5% |
| 29 LEIGH CT | 2025-01 | $999,000 | 3,541 | 61.2% |
| 216 DOVER-CHESTER RD | 2025-05 | $700,000 | 3,318 | 65.3% |
| 63 LONGVIEW AVE | 2025-04 | $861,000 | 3,778 | 67.5% |
| 16 DOGWOOD TRL | 2025-12 | $840,000 | 3,405 | 55.3% |
| 17 KNOLLWOOD TER | 2026-01 | $1,300,000 | 3,695 | 52.1% |
| 102 PLEASANT HILL RD | 2025-07 | $1,105,000 | 4,210 | 68.7% |
| 4 WATERVIEW LN | 2026-01 | $1,180,000 | 3,660 | 62.9% |
| 22 BURNETT BROOK DR | 2025-04 | $999,999 | 3,881 | 65.9% |
| 7 SHAKER MILL RD | 2025-08 | $1,300,000 | 3,462 | 58.6% |
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