The Fair Share Report
3 Sander St
Morris, NJ 07950
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 $560,086 – $801,449, 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 $676,740 home should be assessed near $493,885.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $104,885 below what the ratio math suggests (21.2%).
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
43%89%
Paying about right
This home's ratio lands inside Morris's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 17 MESLAR RD | 2026-01 | $703,017 | 1,739 | 58.5% |
| 11 SHERMAN AVE | 2025-05 | $750,000 | 1,768 | 53.7% |
| 97 BURNHAM RD | 2025-10 | $775,000 | 1,564 | 76.7% |
| 16 LIDGERWOOD PL | 2025-10 | $800,000 | 1,725 | 66.3% |
| 97 WOODLAND AVE | 2025-09 | $695,000 | 1,398 | 56.3% |
| 90 HANCOCK DR | 2025-08 | $595,000 | 1,700 | 63.1% |
| 90 WILDFLOWER LN | 2025-03 | $580,000 | 1,700 | 67.5% |
| 489 SUSSEX AVE | 2026-06 | $676,000 | 1,722 | 60.1% |
| 77 HANCOCK DR | 2025-02 | $570,000 | 1,722 | 73.2% |
| 71 BURNHAM RD | 2025-10 | $630,000 | 1,436 | 54.4% |
| 17 PILGRIM CT | 2025-06 | $750,000 | 1,712 | 67.2% |
| 116 WESTERN AVE | 2025-04 | $525,000 | 1,506 | 58.9% |
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