The Fair Share Report

67 Brookside Rd

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

≈ $875,391

Likely range $810,164 – $907,592, 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 $875,391 home should be assessed near $626,167.

Step 3 · Assessed value

$476,100

Set at the last town-wide revaluation and mostly frozen since. That's $150,067 below what the ratio math suggests (24.0%).

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

$13,959/yr
Public schools$9,811
Morris County$1,472
Town of Randolph$2,677
Randolph average$14,453

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

Town median 58.6%
This home · 54.4%

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
15 ALDEBARAN DR2025-05$970,0002,77058.1%
342 CENTER GROVE RD2025-07$999,9992,84246.4%
14 DOBY RD2025-05$917,0002,44550.5%
66 FORDS RD2025-12$804,0002,40854.4%
6 COLONIAL CT2025-09$982,0002,82454.9%
31 EDINBURGH DR2026-02$975,0002,74460.0%
5 JESSICA PL2026-06$950,0002,74155.7%
3 OPENAKI RD2025-06$915,0002,74653.1%
11 CHIDESTER RD2025-02$933,0002,73760.0%
17 RICHTER ST2025-02$525,0002,70686.8%
267 WASHINGTON VALLEY RD2025-08$691,5002,48875.6%
20 LONGHILL RD2025-12$817,0002,56458.5%

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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 →