The Fair Share Report
65 Arrowgate Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $513,604 – $577,466, from 12 comparable Randolph sales in the past 18 months, at this home's 1,648 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 $545,799 home should be assessed near $390,410.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,810 below what the ratio math suggests (10.5%).
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 |
|---|---|---|---|---|
| 145 ARROWGATE DR | 2025-12 | $540,000 | 1,668 | 66.4% |
| 156 ARROWGATE DR | 2025-08 | $615,000 | 1,668 | 59.4% |
| 36 ARROWGATE DR | 2025-02 | $519,000 | 1,668 | 69.1% |
| 708 WENDOVER CT | 2025-09 | $540,500 | 1,632 | 61.0% |
| 34 ARROWGATE DR | 2025-09 | $570,000 | 1,770 | 65.2% |
| 87 ARROWGATE DR | 2025-06 | $605,000 | 1,770 | 59.9% |
| 149 ARROWGATE DR | 2025-02 | $470,000 | 1,770 | 77.0% |
| 9 MAHOGANY WAY | 2026-05 | $610,000 | 1,554 | 49.1% |
| 40 KENSINGTON DR | 2025-10 | $575,000 | 1,767 | 63.6% |
| 1001 WENDOVER CT | 2026-01 | $520,000 | 1,484 | 62.3% |
| 119 WOODMONT DR | 2025-12 | $575,000 | 1,845 | 64.2% |
| 12 MAHOGANY WAY | 2025-09 | $635,000 | 1,845 | 56.0% |
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