The Fair Share Report
5 Brompton Pl
Randolph, NJ 07869
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.
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Step 1 · Market value
Likely range $1,048,432 – $1,267,129, 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 $1,203,268 home should be assessed near $860,698.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $260,698 below what the ratio math suggests (30.3%).
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
42%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 |
|---|---|---|---|---|
| 5 ALBERT CT | 2026-02 | $780,000 | — | 77.5% |
| 4 LA MALFA RD | 2025-09 | $1,150,000 | 3,922 | 55.7% |
| 165 DOVER-CHESTER RD | 2025-05 | $1,230,000 | 4,288 | 68.2% |
| 61 BARBARA DR | 2025-02 | $1,310,000 | 3,796 | 58.7% |
| 2 WEXFORD CT | 2025-12 | $1,250,000 | 3,718 | 54.7% |
| 42 QUAIL RUN | 2026-01 | $1,300,000 | 3,695 | 59.2% |
| 34 WILKESHIRE BLVD | 2025-11 | $1,065,000 | 3,570 | 62.5% |
| 32 BARBARA DR | 2025-06 | $1,400,000 | 3,506 | 53.6% |
| 53 BARBARA DR | 2025-09 | $1,450,000 | 3,780 | 54.8% |
| 9 BLUE BIRD CT | 2025-09 | $1,050,000 | 3,331 | 58.4% |
| 4 WATERVIEW LN | 2026-01 | $1,180,000 | 3,660 | 62.9% |
| 1 TROUT BROOK LN | 2026-05 | $1,275,000 | 3,364 | 58.0% |
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