The Fair Share Report
41 S Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $679,303 – $730,866, from 12 comparable Randolph sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Randolph assessments sit below market value — republished every October, applied town-wide. A $705,837 home should be assessed near $504,885.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,885 below what the ratio math suggests (19.2%).
Step 4 · The tax rate — same for every Randolph home
$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%
Step 5 · The bill
This home vs. every recent Randolph sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 59 GRIST MILL RD | 2025-08 | $575,000 | 2,094 | 57.8% |
| 23 DOGWOOD TRL | 2025-11 | $725,000 | 2,106 | 55.2% |
| 70 BROOKSIDE RD | 2025-02 | $660,000 | 2,044 | 57.7% |
| 384 MILLBROOK AVE | 2026-04 | $735,000 | 2,261 | 48.6% |
| 3 WINDING WAY | 2025-04 | $1,075,000 | 2,078 | 48.7% |
| 115 SOUTH RD | 2025-02 | $700,000 | 2,122 | 60.0% |
| 31 RIDGE RD | 2025-02 | $705,000 | 2,096 | 56.6% |
| 16 SENECA TRL | 2025-11 | $692,000 | 2,058 | 54.7% |
| 1 GOLDEN CORNER WAY | 2025-09 | $750,000 | 2,278 | 57.9% |
| 82 MOUNTAINSIDE DR | 2025-11 | $633,000 | 2,520 | 63.4% |
| 13 HOLLY DR | 2026-01 | $893,000 | 2,204 | 57.6% |
| 2 HOLLY DR | 2025-04 | $827,000 | 2,238 | 58.9% |
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