The Fair Share Report

35 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

≈ $662,264

Likely range $616,645 – $729,165, 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 $662,264 home should be assessed near $473,717.

Step 3 · Assessed value

$390,800

Set at the last town-wide revaluation and mostly frozen since. That's $82,917 below what the ratio math suggests (17.5%).

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

$11,458/yr
Public schools$8,053
Morris County$1,208
Town of Randolph$2,197
Randolph average$14,453

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

Town median 58.6%
This home · 59.0%

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
42 EVERDALE RD2026-04$730,0001,68453.9%
17 CALAIS RD2026-01$485,0001,80867.0%
95 MORRIS TPKE2025-09$610,0001,84258.5%
46 OAK LN2025-02$675,0002,05062.1%
51 SCHOOL HOUSE RD2025-04$725,0001,77157.0%
18 BROMPTON PL2025-08$675,0001,91467.3%
66 ALBERT CT2025-06$700,0001,91464.5%
2 ALBERT CT2025-05$680,0001,91470.0%
20 BROMPTON PL2025-02$730,0001,91463.7%
47 BUCKINGHAM CT2025-01$575,0001,92263.5%
19 RIDGEWOOD DR2025-11$620,0001,85558.5%
43 RIDGEWOOD DR2025-09$650,0001,85555.0%

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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 →