The Fair Share Report
100 Walnut St
Monroe, NJ 08094
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 $310,315 – $474,087, from 12 comparable Monroe 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 Monroe assessments sit below market value — republished every October, applied town-wide. A $398,053 home should be assessed near $236,722.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,178 above what the ratio math suggests (17.4%).
Step 4 · The tax rate — same for every Monroe home
$2.028 Schools · 54% $0.694 County · 18% $1.046 Town · 28%
Step 5 · The bill
This home vs. every recent Monroe sale · assessed ÷ market
39%95%
A touch high — worth watching
This home's ratio sits above most of Monroe, but doesn't clear NJ's legal appeal line (68.39%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 109 LINDALE AVE | 2026-01 | $399,500 | 1,846 | 50.1% |
| ALBERTUS DR (BACK) | 2026-02 | $410,000 | 2,265 | 50.3% |
| 1001 BRADFORD DR | 2026-06 | $425,000 | 2,072 | 44.8% |
| 416 MADISON AVE | 2025-12 | $255,000 | 2,254 | 58.9% |
| 127 OXFORD PL | 2025-09 | $350,000 | 2,022 | 57.4% |
| 1528 E MALAGA RD | 2026-04 | $520,000 | 2,098 | 44.6% |
| 1884 FOREST DR | 2025-09 | $270,000 | 2,308 | 76.6% |
| 1424 CORKERY LN | 2025-11 | $545,000 | 2,167 | 56.2% |
| 934 HAMPTON WAY | 2025-09 | $390,000 | 2,040 | 47.4% |
| 414 COLES MILL RD | 2025-04 | $400,000 | 2,536 | 70.1% |
| 101 PALMER CT | 2025-08 | $395,000 | 1,877 | 48.6% |
| 208 BRANDYWINE DR | 2026-05 | $315,000 | 2,142 | 50.9% |
Is this your house?
Run your own report →