The Fair Share Report

1102 Exposition Dr

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.

Step 1 · Market value

≈ $551,280

Likely range $449,588 – $618,953, from 12 comparable Monroe sales in the past 18 months, at this home's 2,492 sq ft.

Step 2 · The Director's Ratio

59.47%

The state's official measure of how far Monroe assessments sit below market value — republished every October, applied town-wide. A $551,280 home should be assessed near $327,846.

Step 3 · Assessed value

$209,700

Set at the last town-wide revaluation and mostly frozen since. That's $118,146 below what the ratio math suggests (36.0%).

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

$3.768 per $100 assessed

$2.028 Schools · 54% $0.694 County · 18% $1.046 Town · 28%

Step 5 · The bill

$7,904/yr
Public schools$4,254
Gloucester County$1,456
Town of Monroe$2,194
Monroe average$7,870

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

Town median 50.9%
This home · 38.0%

28%74%

Keep quiet and enjoy it

This home's assessment ratio sits below the Monroe 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
1208 EXPOSITION DR2025-04$341,0002,49260.8%
1104 EXPOSITION DR2025-04$328,0002,50662.9%
1501 EXPOSITION DR2025-05$329,9002,49262.0%
1430 CORKERY LN2025-12$680,0002,48550.8%
1430 CRANLEIGH LN2026-01$595,0002,52246.0%
1116 LAFAYETTE ST2025-07$500,0002,48953.3%
420 HUNTINGDON DR2025-08$515,0002,32853.2%
420 HUNTINGDON DR2025-04$420,0002,32865.2%
1686 CARRIAGE DR2026-05$600,0002,39348.0%
1048 WESTON DR2025-08$530,0002,60158.8%
1669 BRACKEN DR2025-06$650,0002,61748.0%
815 KRISTIN LN2025-03$600,0002,38456.6%

Is this your house?

Run your own report →

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 →