The Fair Share Report

33 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

≈ $1,362,679

Likely range $1,315,169 – $1,733,646, from 12 comparable Randolph sales in the past 18 months, at this home's 4,682 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 $1,362,679 home should be assessed near $974,724.

Step 3 · Assessed value

$774,200

Set at the last town-wide revaluation and mostly frozen since. That's $200,524 below what the ratio math suggests (20.6%).

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

$22,700/yr
Public schools$15,954
Morris County$2,393
Town of Randolph$4,352
Randolph average$14,453

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

Town median 58.6%
This home · 56.8%

39%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
14 SHADOWBROOK WAY2026-06$1,685,0004,47051.8%
10 KINGSBROOK CT2025-04$1,375,0004,89575.0%
49 CARRELL RD2025-07$1,150,0004,78063.8%
53 BARBARA DR2025-09$1,450,0003,78054.8%
165 DOVER-CHESTER RD2025-05$1,230,0004,28868.2%
41 ARNOLD DR2025-04$1,430,0004,11862.0%
25 QUAIL RUN2025-07$1,500,0004,05165.0%
6 OLDE YORK RD2025-12$1,500,0005,25860.2%
34 WILKESHIRE BLVD2025-11$1,065,0003,57062.5%
1 APPLEWOOD LN2025-10$1,300,0004,48668.4%
35 ROC ETAM RD2025-05$1,500,0004,73962.3%
10 CAMBRIDGE CT2025-12$1,236,5004,72663.9%

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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 →