The Fair Share Report
34 S Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $595,396 – $702,791, from 12 comparable Randolph 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 Randolph assessments sit below market value — republished every October, applied town-wide. A $691,610 home should be assessed near $494,709.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $67,309 below what the ratio math suggests (13.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 115 SOUTH RD | 2025-02 | $700,000 | 2,122 | 60.0% |
| 46 OAK LN | 2025-02 | $675,000 | 2,050 | 62.1% |
| 29 PIERSONS HILL RD | 2026-01 | $810,000 | 1,976 | 57.0% |
| 95 MORRIS TPKE | 2025-09 | $610,000 | 1,842 | 58.5% |
| 40 RIDGEWOOD DR | 2025-04 | $490,000 | 2,028 | 75.8% |
| 14 CARRELL RD | 2026-02 | $785,000 | 2,404 | 63.4% |
| 4 CARRELL RD | 2026-05 | $825,000 | 1,781 | 53.1% |
| 42 EVERDALE RD | 2026-04 | $730,000 | 1,684 | 53.9% |
| 3 WOODMONT DR | 2026-03 | $555,000 | 2,264 | 67.6% |
| 36 RIDGEWOOD DR | 2025-12 | $510,000 | 2,264 | 70.3% |
| 35 WOODMONT DR | 2025-11 | $615,000 | 2,264 | 63.9% |
| 5 WOODMONT DR | 2025-07 | $650,000 | 2,264 | 59.8% |
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