The Fair Share Report

6 Daniel Ct

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.

Step 1 · Market value

≈ $1,086,962

Likely range $940,912 – $1,141,900, from 12 comparable Randolph sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

71.53%

The state's official measure of how far Randolph assessments sit below market value — republished every October, applied town-wide. A $1,086,962 home should be assessed near $777,504.

Step 3 · Assessed value

$637,800

Set at the last town-wide revaluation and mostly frozen since. That's $139,704 below what the ratio math suggests (18.0%).

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

$2.931 per $100 assessed

$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%

Step 5 · The bill

$18,700/yr
Public schools$13,143
Morris County$1,971
Town of Randolph$3,586
Randolph average$14,453

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

Town median 58.6%
This home · 58.7%

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)

AddressSoldPriceSq ftRatio
24 CHELSEA DR2025-06$1,135,0003,17459.4%
7 WINCHESTER TER2025-08$1,100,0003,20659.9%
41 MUSIKER AVE2025-10$980,0003,09265.8%
32 CASTLE CT2025-10$940,0003,10566.7%
6 THEODORE DR2025-09$925,0003,23268.9%
29 CASTLE CT2026-06$999,0003,08861.3%
20 LEIGH CT2026-02$965,0003,39861.3%
14 MT FREEDOM RD2025-10$999,0003,67468.0%
5 HERITAGE CT2026-05$1,230,0003,15251.5%
51 LONGVIEW AVE2025-04$1,150,0002,90852.5%
32 HEATHER LN2025-07$1,120,0003,07162.5%
7 SHAKER MILL RD2025-08$1,300,0003,46258.6%

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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 →