The Fair Share Report

7 Brompton Pl

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

≈ $785,000

Likely range $754,595 – $849,216, from 12 comparable Randolph sales in the past 18 months, at this home's 2,322 sq ft.

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 $785,000 home should be assessed near $561,511.

Step 3 · Assessed value

$575,300

Set at the last town-wide revaluation and mostly frozen since. That's $13,790 above what the ratio math suggests (2.5%).

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

$16,868/yr
Public schools$11,855
Morris County$1,778
Town of Randolph$3,234
Randolph average$14,453

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

Town median 58.6%
This home · 73.3%

45%88%

A touch high — worth watching

This home's ratio sits above most of Randolph, but doesn't clear NJ's legal appeal line (82.26%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
37 ALBERT CT2025-01$785,0002,32272.5%
28 ALBERT CT2025-03$725,0002,32873.7%
20 OAK LN2025-04$1,075,0002,33555.3%
5 ALBERT CT2026-02$780,00077.5%
14 ALBERT CT2025-05$839,0002,44874.3%
11 FLOWER HORN BLVD2026-02$754,3212,26476.0%
41 ALBERT CT2025-05$687,0002,11473.0%
4 ALBERT CT2025-01$650,0001,93066.3%
18 BROMPTON PL2025-08$675,0001,91467.3%
2 ALBERT CT2025-05$680,0001,91470.0%
20 BROMPTON PL2025-02$730,0001,91463.7%
56 ALBERT CT2025-11$780,0001,93059.8%

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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 →