The Fair Share Report
9 Squirrel Run
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.
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Step 1 · Market value
Likely range $949,204 – $1,316,280, from 12 comparable Morris 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 Morris assessments sit below market value — republished every October, applied town-wide. A $1,239,295 home should be assessed near $904,437.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,663 above what the ratio math suggests (5.0%).
Step 4 · The tax rate — same for every Morris home
$1.147 Schools · 58% $0.303 County · 15% $0.517 Town · 26%
Step 5 · The bill
This home vs. every recent Morris sale · assessed ÷ market
50%106%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 DARNAY RD | 2026-04 | $1,150,000 | 3,078 | 65.7% |
| 32 VALLEY VIEW ST WEST | 2025-12 | $999,999 | 3,292 | 72.6% |
| 53 LAURA LN | 2025-03 | $1,475,000 | 3,106 | 62.7% |
| 62 KETCH RD | 2025-07 | $910,000 | 3,496 | 76.8% |
| 5 COBBLESTONE LN | 2025-08 | $2,025,000 | 2,936 | 48.1% |
| 25 GLIMPSEWOOD LN | 2024-12 | $1,400,000 | 3,570 | 65.7% |
| 27 CROMWELL DR | 2026-05 | $800,000 | 3,324 | 76.4% |
| 18 WOODRUFF RD | 2025-10 | $1,800,000 | 3,856 | 56.6% |
| 70 KETCH RD | 2026-02 | $1,400,000 | — | 70.3% |
| 15 SQUIRREL RUN | 2025-08 | $950,000 | 2,487 | 80.9% |
| 53 NORTH STAR DR | 2025-08 | $1,090,268 | 3,260 | 58.7% |
| 97 SKYLINE DR | 2026-02 | $1,050,000 | 3,742 | 69.0% |
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