The Fair Share Report

31 Combs Ave

Randolph, NJ 07945

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

≈ $1,456,307

Likely range $1,140,870 – $1,482,574, from 12 comparable Randolph sales in the past 18 months, at this home's 3,933 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 $1,456,307 home should be assessed near $1,041,696.

Step 3 · Assessed value

$765,100

Set at the last town-wide revaluation and mostly frozen since. That's $276,596 below what the ratio math suggests (26.6%).

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

$22,433/yr
Public schools$15,766
Morris County$2,365
Town of Randolph$4,301
Randolph average$14,453

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

Town median 58.6%
This home · 52.5%

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
53 BARBARA DR2025-09$1,450,0003,78054.8%
14 SHADOWBROOK WAY2026-06$1,685,0004,47051.8%
1 TROUT BROOK LN2026-05$1,275,0003,36458.0%
165 DOVER-CHESTER RD2025-05$1,230,0004,28868.2%
10 EDINBURGH DR2025-06$1,150,0003,25256.5%
34 WILKESHIRE BLVD2025-11$1,065,0003,57062.5%
25 QUAIL RUN2025-07$1,500,0004,05165.0%
41 ARNOLD DR2025-04$1,430,0004,11862.0%
25 CASTLE CT2025-07$950,0003,27571.3%
5 EDGEWOOD TER2025-10$870,0003,07770.7%
49 HERITAGE CT2026-04$1,180,0003,18456.5%
12 TROUT BROOK LN2025-04$1,205,0003,24261.1%

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 →