The Fair Share Report

112 Radix Rd

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

≈ $296,827

Likely range $257,155 – $314,784, from 12 comparable Monroe sales in the past 18 months (home size estimated from assessor data — range widened).

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 $296,827 home should be assessed near $176,523.

Step 3 · Assessed value

$145,900

Set at the last town-wide revaluation and mostly frozen since. That's $30,623 below what the ratio math suggests (17.3%).

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

$5,499/yr
Public schools$2,960
Gloucester County$1,013
Town of Monroe$1,527
Monroe average$7,870

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

Town median 50.9%
This home · 49.2%

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)

AddressSoldPriceSq ftRatio
809 CRYSTAL DR2025-06$280,0001,13444.5%
1303 N TUCKAHOE RD2025-09$330,0001,27637.0%
53 WILLIAM AVE2025-07$349,0001,31545.9%
584 CLAYTON RD2025-11$165,0001,18875.9%
521 SICKLERVILLE RD2025-09$315,0001,20042.3%
633 GREENBRIAR DR2025-12$270,0001,17155.4%
1729 HERBERT BLVD2026-03$285,00098846.6%
422 WINSLOW RD2025-04$321,0001,43545.6%
1438 VICTORY AVE2025-03$177,0001,16089.0%
1018 MICAWBER DR2026-04$315,0001,24853.6%
1437 NINTH AVE2025-10$315,0001,03844.7%
1011 S BEECHAM RD2026-01$340,0001,27546.8%

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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 →