The Fair Share Report
8 Jay Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $710,382 – $899,235, from 12 comparable Randolph sales in the past 18 months, at this home's 2,112 sq ft.
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 $855,724 home should be assessed near $612,099.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $123,599 below what the ratio math suggests (20.2%).
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 |
|---|---|---|---|---|
| 10 BAYBERRY LN | 2026-04 | $980,000 | 2,099 | 56.7% |
| 65 MEADOW BROOK RD | 2025-10 | $999,999 | 2,202 | 55.7% |
| 264 WASHINGTON VALLEY RD | 2025-09 | $850,000 | 2,180 | 49.8% |
| 15 LONGHILL RD | 2025-07 | $850,000 | 2,024 | 49.5% |
| 6 ALPINE DR | 2025-12 | $655,000 | 2,110 | 60.4% |
| 31 RIDGE RD | 2025-02 | $705,000 | 2,096 | 56.6% |
| 13 HOLLY DR | 2026-01 | $893,000 | 2,204 | 57.6% |
| 3 WINDING WAY | 2025-04 | $1,075,000 | 2,078 | 48.7% |
| 15 OLD CHIMNEY RD | 2025-06 | $815,000 | 2,236 | 57.5% |
| 11 SENECA TRL | 2025-06 | $770,000 | 2,316 | 58.8% |
| 16 SENECA TRL | 2025-11 | $692,000 | 2,058 | 54.7% |
| 7 HOLLY DR | 2025-11 | $935,000 | 2,196 | 57.9% |
Is this your house?
Run your own report →