The Fair Share Report

66 Everett 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.

Step 1 · Market value

≈ $611,283

Likely range $586,403 – $648,866, 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 $611,283 home should be assessed near $437,251.

Step 3 · Assessed value

$352,800

Set at the last town-wide revaluation and mostly frozen since. That's $84,451 below what the ratio math suggests (19.3%).

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

$10,344/yr
Public schools$7,270
Morris County$1,091
Town of Randolph$1,983
Randolph average$14,453

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

Town median 58.6%
This home · 57.7%

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
136 PARK AVE2025-09$587,0001,70256.2%
1473 SUSSEX TPKE2025-07$555,0001,77861.9%
35 CLEAR VIEW DR2025-08$651,0001,81759.5%
19 ZANDER LN2026-01$390,0001,56286.7%
107 SHADY LN2025-07$822,0001,52653.4%
12 CRESTWOOD DR2025-09$725,5701,64852.1%
1 PAMELA DR2025-12$665,0001,95654.0%
46 W HANOVER AVE2026-04$630,0001,90254.2%
46 W HANOVER AVE2026-01$487,5001,90270.0%
83 RIDGE RD2025-04$700,0002,06654.3%
265 MILLBROOK AVE2025-06$515,4001,57253.9%
7 PAMELA DR2026-06$750,0001,95650.8%

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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 →