The Fair Share Report
8 Doby Rd
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 $1,178,446 – $1,532,302, 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 $1,325,502 home should be assessed near $948,132.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $148,132 below what the ratio math suggests (15.6%).
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 |
|---|---|---|---|---|
| 85 RIDGE RD | 2025-01 | $735,000 | 4,417 | 77.0% |
| 20 RADTKE RD | 2025-06 | $1,500,000 | 4,554 | 57.0% |
| 102 PLEASANT HILL RD | 2025-07 | $1,105,000 | 4,210 | 68.7% |
| 49 CARRELL RD | 2025-07 | $1,150,000 | 4,780 | 63.8% |
| 41 ARNOLD DR | 2025-04 | $1,430,000 | 4,118 | 62.0% |
| 25 QUAIL RUN | 2025-07 | $1,500,000 | 4,051 | 65.0% |
| 23 BRAGMAN RD | 2025-06 | $1,310,000 | 4,501 | 57.6% |
| 1 APPLEWOOD LN | 2025-10 | $1,300,000 | 4,486 | 68.4% |
| 10 KINGSBROOK CT | 2025-04 | $1,375,000 | 4,895 | 75.0% |
| 10 CAMBRIDGE CT | 2025-12 | $1,236,500 | 4,726 | 63.9% |
| 6 OLDE YORK RD | 2025-12 | $1,500,000 | 5,258 | 60.2% |
| 12 QUAIL RUN | 2026-05 | $1,660,000 | 4,187 | 51.2% |
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