The Fair Share Report
47 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 $595,589 – $737,247, from 12 comparable Randolph sales in the past 18 months, at this home's 1,933 sq ft.
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 $651,010 home should be assessed near $465,667.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,967 below what the ratio math suggests (13.1%).
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 |
|---|---|---|---|---|
| 1430 SUSSEX TPKE | 2026-03 | $780,000 | 2,040 | 52.0% |
| 17 CALAIS RD | 2026-01 | $485,000 | 1,808 | 67.0% |
| 95 MORRIS TPKE | 2025-09 | $610,000 | 1,842 | 58.5% |
| 56 ALBERT CT | 2025-11 | $780,000 | 1,930 | 59.8% |
| 4 ALBERT CT | 2025-01 | $650,000 | 1,930 | 66.3% |
| 47 BUCKINGHAM CT | 2025-01 | $575,000 | 1,922 | 63.5% |
| 29 PIERSONS HILL RD | 2026-01 | $810,000 | 1,976 | 57.0% |
| 18 BROMPTON PL | 2025-08 | $675,000 | 1,914 | 67.3% |
| 66 ALBERT CT | 2025-06 | $700,000 | 1,914 | 64.5% |
| 2 ALBERT CT | 2025-05 | $680,000 | 1,914 | 70.0% |
| 20 BROMPTON PL | 2025-02 | $730,000 | 1,914 | 63.7% |
| 22 KENSINGTON DR | 2025-03 | $567,500 | 1,979 | 64.3% |
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