The Fair Share Report

4 Second 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

≈ $453,140

Likely range $301,594 – $540,584, 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 $453,140 home should be assessed near $292,049.

Step 3 · Assessed value

$228,900

Set at the last town-wide revaluation and mostly frozen since. That's $63,149 below what the ratio math suggests (21.6%).

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

$6,457/yr
Public schools$4,102
Morris County$769
Town of Roxbury$1,586
Roxbury average$9,773

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

Town median 57.0%
This home · 50.5%

37%81%

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%
7 TROY LN2026-05$975,00066.7%
4 CIRCLE DR2025-08$250,0001,39295.6%
884 ROUTE 46, KEN2025-06$305,0001,27472.5%
9 HART ST2025-09$315,0001,10070.8%
157 KINGS HWY2026-05$450,0001,29053.7%
3 RARITAN AVE2025-07$540,0001,47256.4%
20 KENVIL AVE2025-10$439,0001,20546.3%
20 CORWIN ST2026-01$390,0001,55463.6%
5 N SECOND AVE, KENVIL2025-10$373,0001,44070.3%
5 N SECOND AVE, KENVIL2025-10$310,0001,44084.5%
9 MEEKER ST2024-12$460,0001,04052.1%

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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 →