The Fair Share Report

9 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

≈ $955,485

Likely range $864,104 – $1,081,527, from 12 comparable Morris sales in the past 18 months, at this home's 2,512 sq ft.

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 $955,485 home should be assessed near $697,313.

Step 3 · Assessed value

$602,500

Set at the last town-wide revaluation and mostly frozen since. That's $94,813 below what the ratio math suggests (13.6%).

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

$11,857/yr
Public schools$6,914
Morris County$1,827
Town of Morris$3,117
Morris average$11,253

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

Town median 66.5%
This home · 63.1%

50%89%

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
2 CRAIG CT2025-10$870,0002,68466.2%
4 DICKENS CT2025-08$1,100,0002,70365.3%
1 JARDINE CT2026-01$940,0002,52263.3%
27 ELLSWORTH AVE2025-04$1,320,0002,50849.2%
54 CHIMNEY RIDGE DR2025-12$850,0002,47166.5%
8 TRACY CT2025-10$800,0002,33758.4%
5 JASON LN2025-06$1,124,0003,01161.2%
15 SQUIRREL RUN2025-08$950,0002,48780.9%
103 WOODCREST DR2026-02$335,00057.6%
2 CONCORD LN2025-03$1,060,0002,46270.1%
14 TURTLE RD2025-08$999,9992,56060.9%
8 JOHNSTON DR2026-05$950,0002,17354.7%

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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 →