The Fair Share Report

36 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

≈ $632,944

Likely range $536,128 – $720,171, 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 $632,944 home should be assessed near $407,932.

Step 3 · Assessed value

$350,900

Set at the last town-wide revaluation and mostly frozen since. That's $57,032 below what the ratio math suggests (14.0%).

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

$9,899/yr
Public schools$6,288
Morris County$1,179
Town of Roxbury$2,432
Roxbury average$9,773

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

Town median 57.0%
This home · 55.4%

43%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
8 FIRST ST2025-03$590,0001,95251.8%
26 HENRY ST2025-03$710,0001,88649.6%
33 LAURIE RD2025-05$535,0001,94060.0%
1 LEONARD PL2025-06$580,0001,85056.7%
6 BEECHWOOD DR2025-06$729,0002,05655.5%
1 MOORE ST2025-07$570,0001,76858.6%
55 MOONEY RD2025-06$791,0001,64646.5%
14 HONEYMAN DR2025-12$460,0001,67069.2%
22 HONEYMAN DR2025-12$700,0002,14058.4%
33 CANAL ST,LEDGE2026-01$600,0002,16755.6%
6 HENRY ST2025-12$615,0001,72056.6%
3 KADEL DR2025-05$650,0001,72051.6%

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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 →