The Fair Share Report

8 Vom Eigen Dr

Morris, NJ 07960

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

≈ $756,091

Likely range $701,473 – $1,012,549, from 12 comparable Morris sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

72.98%

The state's official measure of how far Morris assessments sit below market value — republished every October, applied town-wide. A $756,091 home should be assessed near $551,795.

Step 3 · Assessed value

$601,400

Set at the last town-wide revaluation and mostly frozen since. That's $49,605 above what the ratio math suggests (9.0%).

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

$1.968 per $100 assessed

$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%

Step 5 · The bill

$11,836/yr
Public schools$6,902
Morris County$1,823
Town of Morris$3,111
Morris average$11,253

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

Town median 66.5%
This home · 79.5%

50%91%

Paying about right

This home's ratio lands inside Morris'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
4 BARBERRY RD2025-10$677,0002,200128.8%
8 JOHNSTON DR2026-05$950,0002,17354.7%
103 WOODCREST DR2026-02$335,00057.6%
8 TRACY CT2025-10$800,0002,33758.4%
2 CRAIG CT2025-10$870,0002,68466.2%
9 DOROTHY DR2026-02$920,0002,00467.0%
9 DOROTHY DR2025-06$675,0002,00491.3%
20 CHIMNEY RIDGE DR2025-06$1,125,0002,29565.6%
30 TERRY DR2025-02$625,0002,13880.0%
223 WESTERN AVE2025-03$625,0002,13280.4%
1 JARDINE CT2026-01$940,0002,52263.3%
24 LORD WM PENN DR2026-05$950,0002,27655.9%

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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 →