The Fair Share Report

34 Third St

Roxbury, NJ 07847

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

≈ $449,348

Likely range $366,414 – $504,357, from 12 comparable Roxbury sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.45%

The state's official measure of how far Roxbury assessments sit below market value — republished every October, applied town-wide. A $449,348 home should be assessed near $289,605.

Step 3 · Assessed value

$214,700

Set at the last town-wide revaluation and mostly frozen since. That's $74,905 below what the ratio math suggests (25.9%).

Step 4 · The tax rate — same for every Roxbury home

$2.820 per $100 assessed

$1.792 Schools · 64% $0.336 County · 12% $0.693 Town · 25%

Step 5 · The bill

$6,057/yr
Public schools$3,847
Morris County$721
Town of Roxbury$1,488
Roxbury average$9,773

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

Town median 57.0%
This home · 47.8%

37%80%

Paying about right

This home's ratio lands inside Roxbury'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
31 SILVER SPRINGS DR2025-04$855,0001,30860.9%
318 KINGSLAND RD2025-07$1,200,0001,22742.6%
157 KINGS HWY2026-05$450,0001,29053.7%
26 N HILLSIDE AVE2025-01$520,0001,43748.9%
15 PARKER RD2026-06$421,0001,39960.7%
11 CHESLER SQ2025-06$490,0001,24853.3%
10 JOHN ST2025-12$450,0001,29659.7%
9 HART ST2025-09$315,0001,10070.8%
884 ROUTE 46, KEN2025-06$305,0001,27472.5%
6 CONDIT ST2025-08$580,0001,43152.2%
582 DELL RD2025-07$417,5001,16761.3%
3 RARITAN AVE2025-07$540,0001,47256.4%

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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 →