The Fair Share Report

30 Everett Dr

Randolph, NJ 07801

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

≈ $559,827

Likely range $451,700 – $635,355, 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 $559,827 home should be assessed near $400,444.

Step 3 · Assessed value

$260,700

Set at the last town-wide revaluation and mostly frozen since. That's $139,744 below what the ratio math suggests (34.9%).

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%

This home's own bill implies $2.836 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,394/yr
Public schools$5,197
Morris County$779
Town of Randolph$1,418
Randolph average$14,453

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

Town median 58.6%
This home · 46.6%

36%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
21 BIRCHWOOD RD2025-06$626,0001,34047.9%
6 ELM PL2025-09$545,0001,17848.2%
22 BIRCHWOOD RD2025-06$625,5001,44951.1%
17 SUNSET DR2025-08$570,9991,38054.5%
381 S MORRIS ST2025-05$500,0001,59259.7%
4 ELM PL2025-04$570,0001,65855.6%
4 CHERRY LN2026-04$550,0001,35865.9%
70 SANFORD DR2025-04$550,0001,31651.6%
170 QUAKER CHURCH RD2025-05$380,0001,47870.2%
1 STONEHILL RD2025-02$640,0001,58052.2%
35 MISTY MOUNTAIN RD2025-09$735,0001,47650.4%
345 CENTER GROVE RD2025-11$530,0001,59351.1%

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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 →