The Fair Share Report
35 Spring Brook Rd
Morris, NJ 07960
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 $1,238,836 – $1,703,767, from 12 comparable Morris sales in the past 18 months, at this home's 4,434 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Morris assessments sit below market value — republished every October, applied town-wide. A $1,432,755 home should be assessed near $1,045,625.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $279,175 above what the ratio math suggests (26.7%).
Step 4 · The tax rate — same for every Morris home
$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%
This home's own bill implies $1.810 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Morris sale · assessed ÷ market
50%112%
A touch high — worth watching
This home's ratio sits above most of Morris, but doesn't clear NJ's legal appeal line (83.93%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 ROLLING HILL DR | 2025-03 | $1,425,000 | 4,410 | 63.2% |
| 15 BEECHWOOD DR | 2026-03 | $1,417,500 | 3,689 | 49.0% |
| 8 WEST DR | 2026-01 | $1,150,000 | 3,574 | 63.9% |
| 6 HOWLAND TER | 2026-05 | $1,200,000 | 4,295 | 61.4% |
| 97 SKYLINE DR | 2026-02 | $1,050,000 | 3,742 | 69.0% |
| 55 MENDHAM AVE | 2025-06 | $700,000 | 2,742 | 66.9% |
| 183 LAKE RD | 2026-04 | $1,999,000 | 4,175 | 84.4% |
| 25 GLIMPSEWOOD LN | 2024-12 | $1,400,000 | 3,570 | 65.7% |
| 18 WOODRUFF RD | 2025-10 | $1,800,000 | 3,856 | 56.6% |
| 62 KETCH RD | 2025-07 | $910,000 | 3,496 | 76.8% |
| 11 WHEATSHEAF FARM RD | 2025-06 | $1,850,000 | 3,599 | 60.8% |
| 27 CROMWELL DR | 2026-05 | $800,000 | 3,324 | 76.4% |
Is this your house?
Run your own report →