The Fair Share Report

4 Lyons Rd

Roxbury, NJ 07850

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

≈ $470,703

Likely range $411,434 – $534,261, 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 $470,703 home should be assessed near $303,368.

Step 3 · Assessed value

$198,200

Set at the last town-wide revaluation and mostly frozen since. That's $105,168 below what the ratio math suggests (34.7%).

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

$5,591/yr
Public schools$3,552
Morris County$666
Town of Roxbury$1,374
Roxbury average$9,773

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

Town median 57.0%
This home · 42.1%

32%80%

Keep quiet and enjoy it

This home's assessment ratio sits below the Roxbury pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
85 FORD RD2025-09$535,0001,15253.0%
11 CHESLER SQ2025-06$490,0001,24853.3%
582 DELL RD2025-07$417,5001,16761.3%
588 DELL RD2025-08$482,5001,22058.4%
540 VAIL RD2025-11$360,0001,11658.9%
27 CONDICT RD2026-06$450,0001,15247.8%
12 VAIL RD2025-02$386,2121,07056.9%
1 MEKEEL DR2026-02$480,0001,17650.8%
10 JOHN ST2025-12$450,0001,29659.7%
21 LAURIE RD2026-03$465,0001,33152.7%
608 VAIL RD, EAST2025-09$420,00095849.1%
30 MORGAN DR2025-08$500,0001,49066.5%

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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 →