The Fair Share Report

44 Third St

Roxbury, NJ 07830

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

≈ $543,302

Likely range $479,009 – $661,083, 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 $543,302 home should be assessed near $350,158.

Step 3 · Assessed value

$256,400

Set at the last town-wide revaluation and mostly frozen since. That's $93,758 below what the ratio math suggests (26.8%).

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

$7,233/yr
Public schools$4,595
Morris County$862
Town of Roxbury$1,777
Roxbury average$9,773

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

Town median 57.0%
This home · 47.2%

33%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
9 BALDUS ST2025-10$425,0001,39255.2%
31 N FIRST AVE2025-11$550,0001,58344.1%
17 UNNEBERG AVE2026-01$585,0001,49751.3%
3 RARITAN AVE2025-07$540,0001,47256.4%
29 MAPLEDALE AVE2025-12$630,0001,45249.9%
53 MT ARLINGTON RD2025-09$520,0001,41661.6%
5 N SECOND AVE, KENVIL2025-10$373,0001,44070.3%
5 N SECOND AVE, KENVIL2025-10$310,0001,44084.5%
3 BEECHWOOD DR2025-12$620,0001,43046.7%
5 BEECHWOOD DR2026-03$620,0001,40648.7%
31 KING RD2025-02$850,0001,60053.3%
51 MT ARLINGTON RD2025-02$455,0001,37750.7%

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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 →