The Fair Share Report

7 Wayne Ct

Roxbury, NJ 07885

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

≈ $677,840

Likely range $529,900 – $720,664, from 12 comparable Roxbury sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.45%

The state's official measure of how far Roxbury assessments sit below market value — republished every October, applied town-wide. A $677,840 home should be assessed near $436,868.

Step 3 · Assessed value

$342,500

Set at the last town-wide revaluation and mostly frozen since. That's $94,368 below what the ratio math suggests (21.6%).

Step 4 · The tax rate — same for every Roxbury home

$2.820 per $100 assessed

$1.792 Schools · 64% $0.336 County · 12% $0.693 Town · 25%

Step 5 · The bill

$9,662/yr
Public schools$6,138
Morris County$1,151
Town of Roxbury$2,374
Roxbury average$9,773

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

Town median 57.0%
This home · 50.5%

42%80%

Paying about right

This home's ratio lands inside Roxbury'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
6 CORNELL DR2025-11$725,0001,86059.6%
16 GROVER ST2025-04$710,0001,91059.7%
10 MT VIEW RD2025-07$805,0001,85656.5%
5 BIRCH LN2025-01$575,0001,90456.6%
51 PLEASANT HILL RD2026-06$615,0002,02464.5%
116 S HILLSIDE AVE2026-04$675,1161,95354.5%
9 RIDGE RD2025-07$650,0001,69260.3%
9 LONGFELLOW DR2026-03$801,0002,00452.1%
48 GORDON RD2026-06$600,0001,54052.6%
2 TOBY DR2025-01$610,5001,65060.5%
106 TOBY DR2025-03$675,0002,03258.0%
8 FIRST ST2025-03$590,0001,95251.8%

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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 →