The Fair Share Report
110 Harrell Ave
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 $314,238 – $389,688, 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 $345,407 home should be assessed near $205,414.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,514 below what the ratio math suggests (15.8%).
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%74%
Paying about right
This home's ratio lands inside Monroe'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 |
|---|---|---|---|---|
| 1614 ATLANTIC AVE | 2025-08 | $365,000 | 1,650 | 56.9% |
| 422 WINSLOW RD | 2025-04 | $321,000 | 1,435 | 45.6% |
| 2415 WINSLOW RD | 2025-01 | $250,000 | 1,474 | 75.4% |
| 53 JOBS LN | 2026-04 | $295,000 | 1,674 | 58.3% |
| 215 PRINCETON PL | 2025-04 | $400,000 | 1,588 | 42.0% |
| 309 W COLLINGS DR | 2025-04 | $350,000 | 1,632 | 54.8% |
| 229 IRELAND TER | 2026-04 | $385,000 | 1,638 | 46.3% |
| 109 LINDALE AVE | 2026-01 | $399,500 | 1,846 | 50.1% |
| 298 S TUCKAHOE RD | 2026-04 | $403,000 | 1,660 | 51.1% |
| 53 WILLIAM AVE | 2025-07 | $349,000 | 1,315 | 45.9% |
| 1611 FOREST DR | 2025-05 | $350,000 | 1,732 | 45.5% |
| 2421 HIGHLAND RD | 2025-12 | $394,000 | 1,800 | 46.7% |
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