The Fair Share Report
7 Jared Dr
Randolph, NJ 07945
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 $1,097,216 – $1,270,060, from 12 comparable Randolph sales in the past 18 months (home size estimated from assessor data — range widened).
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 $1,181,415 home should be assessed near $845,066.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $144,766 below what the ratio math suggests (17.1%).
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 |
|---|---|---|---|---|
| 2 WEXFORD CT | 2025-12 | $1,250,000 | 3,718 | 54.7% |
| 4 WATERVIEW LN | 2026-01 | $1,180,000 | 3,660 | 62.9% |
| 42 QUAIL RUN | 2026-01 | $1,300,000 | 3,695 | 59.2% |
| 9 BLUE BIRD CT | 2025-09 | $1,050,000 | 3,331 | 58.4% |
| 17 KNOLLWOOD TER | 2026-01 | $1,300,000 | 3,695 | 52.1% |
| 16 OLDE YORK RD | 2025-08 | $1,225,000 | 3,419 | 57.6% |
| 7 SHAKER MILL RD | 2025-08 | $1,300,000 | 3,462 | 58.6% |
| 29 LEIGH CT | 2025-01 | $999,000 | 3,541 | 61.2% |
| 4 BRANDYWINE CT | 2026-06 | $1,425,000 | 3,793 | 50.4% |
| 7 OLD WOOD LN SOUTH | 2025-05 | $1,300,000 | 3,690 | 53.0% |
| 7 BLUE BIRD CT | 2025-05 | $1,050,000 | 3,960 | 65.7% |
| 5 HERITAGE CT | 2026-05 | $1,230,000 | 3,152 | 51.5% |
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