The Fair Share Report

6 Third St

Roxbury, NJ 07847

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

≈ $552,414

Likely range $438,695 – $584,948, 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 $552,414 home should be assessed near $356,031.

Step 3 · Assessed value

$274,000

Set at the last town-wide revaluation and mostly frozen since. That's $82,031 below what the ratio math suggests (23.0%).

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

$7,730/yr
Public schools$4,910
Morris County$921
Town of Roxbury$1,899
Roxbury average$9,773

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

Town median 57.0%
This home · 49.6%

41%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
572 MAIN ST, LAND2025-08$455,0001,83652.1%
15 PARKER RD2026-06$421,0001,39960.7%
20 CORWIN ST2026-01$390,0001,55463.6%
26 N HILLSIDE AVE2025-01$520,0001,43748.9%
28 N HILLSIDE AVE2025-05$587,5001,78055.5%
10 COTTAGE AVE2025-05$470,0001,32046.0%
318 KINGSLAND RD2025-07$1,200,0001,22742.6%
3 RARITAN AVE2025-07$540,0001,47256.4%
547 LOGAN DR2025-08$500,0001,45045.8%
6 CONDIT ST2025-08$580,0001,43152.2%
52 CONDICT RD2025-08$500,0001,64655.2%
31 N FIRST AVE2025-11$550,0001,58344.1%

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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 →