The Fair Share Report

9 Corwin St

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.

Step 1 · Market value

≈ $813,843

Likely range $776,183 – $880,918, from 12 comparable Randolph sales in the past 18 months, at this home's 2,204 sq ft.

Step 2 · The Director's Ratio

71.53%

The state's official measure of how far Randolph assessments sit below market value — republished every October, applied town-wide. A $813,843 home should be assessed near $582,142.

Step 3 · Assessed value

$344,400

Set at the last town-wide revaluation and mostly frozen since. That's $237,742 below what the ratio math suggests (40.8%).

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

$2.931 per $100 assessed

$2.060 Schools · 70% $0.309 County · 11% $0.562 Town · 19%

Step 5 · The bill

$10,098/yr
Public schools$7,097
Morris County$1,065
Town of Randolph$1,936
Randolph average$14,453

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

Town median 58.6%
This home · 42.3%

34%88%

Keep quiet and enjoy it

This home's assessment ratio sits below the Randolph pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2 CHESTNUT HILL RD2026-04$890,0002,22951.3%
24 MOSTYN RD2025-08$760,0002,17753.0%
107 HIGH ST2026-03$1,100,0002,15638.4%
25 BUDD ST2026-04$860,0002,32954.7%
5 FOXWOOD LN2026-05$833,0002,04748.1%
27 CLOVER LN2025-07$745,0002,08051.6%
12 FOXWOOD LN2025-06$775,0002,02452.9%
15 SOUTHVIEW RD2026-03$910,0002,31546.9%
32 HIGHVIEW TER2025-10$700,0001,93047.8%
32 SANFORD DR2025-09$650,0001,92253.9%
51 MISTY MOUNTAIN RD2025-04$907,0002,13648.7%
13 CLOVER LN2025-10$775,0001,93950.9%

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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 →