The Fair Share Report

46 Junard Dr

Morris, NJ 07960

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

≈ $913,350

Likely range $868,059 – $1,082,870, from 12 comparable Morris sales in the past 18 months, at this home's 2,731 sq ft.

Step 2 · The Director's Ratio

72.98%

The state's official measure of how far Morris assessments sit below market value — republished every October, applied town-wide. A $913,350 home should be assessed near $666,563.

Step 3 · Assessed value

$606,900

Set at the last town-wide revaluation and mostly frozen since. That's $59,663 below what the ratio math suggests (9.0%).

Step 4 · The tax rate — same for every Morris home

$1.968 per $100 assessed

$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%

Step 5 · The bill

$11,944/yr
Public schools$6,965
Morris County$1,840
Town of Morris$3,139
Morris average$11,253

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

Town median 66.5%
This home · 66.4%

50%89%

Paying about right

This home's ratio lands inside Morris'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
20 PEPPERIDGE RD2025-11$989,0002,70061.0%
8 CROMWELL DR2026-04$999,9992,52260.9%
66 SKYLINE DR2026-01$1,175,0002,71482.9%
46 BLACKBERRY LN2025-11$1,130,0003,20262.0%
63 SKYLINE DR2025-07$950,0002,67058.0%
2 SKYLINE DR2025-10$855,0002,57057.6%
55 MENDHAM AVE2025-06$700,0002,74266.9%
53 NORTH STAR DR2025-08$1,090,2683,26058.7%
9 BEECHWOOD DR2026-01$900,0002,69574.9%
47 FIELDSTONE DR2025-09$732,0002,38571.2%
63 SPRING BROOK RD2025-06$999,9992,31165.3%
27 CROMWELL DR2026-05$800,0003,32476.4%

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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 →