The Fair Share Report
77 Brookside Rd
Randolph, NJ 07405
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 $392,712 – $576,892, 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 $530,333 home should be assessed near $379,347.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,847 below what the ratio math suggests (18.4%).
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 |
|---|---|---|---|---|
| 265 MILLBROOK AVE | 2025-06 | $515,400 | 1,572 | 53.9% |
| 21 WILLOW AVE | 2025-07 | $390,000 | 1,612 | 65.7% |
| 156 MILLBROOK AVE | 2025-03 | $550,000 | 1,574 | 57.0% |
| 19 ZANDER LN | 2026-01 | $390,000 | 1,562 | 86.7% |
| 12 CRESTWOOD DR | 2025-09 | $725,570 | 1,648 | 52.1% |
| 46 W HANOVER AVE | 2026-04 | $630,000 | 1,902 | 54.2% |
| 46 W HANOVER AVE | 2026-01 | $487,500 | 1,902 | 70.0% |
| 93 HILLTOP DR | 2025-10 | $631,000 | 1,595 | 50.9% |
| 7 CEDAR TER | 2025-04 | $565,000 | 1,634 | 70.6% |
| 35 CLEAR VIEW DR | 2025-08 | $651,000 | 1,817 | 59.5% |
| 345 CENTER GROVE RD | 2025-11 | $530,000 | 1,593 | 51.1% |
| 345 CENTER GROVE RD | 2025-07 | $445,000 | 1,593 | 60.9% |
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