The Fair Share Report
122 E Lois 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $327,571 – $388,843, 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 $355,775 home should be assessed near $211,579.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,779 below what the ratio math suggests (3.7%).
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 |
|---|---|---|---|---|
| 109 LINDALE AVE | 2026-01 | $399,500 | 1,846 | 50.1% |
| 53 JOBS LN | 2026-04 | $295,000 | 1,674 | 58.3% |
| 117 CORA AVE | 2025-11 | $275,000 | 1,746 | 53.9% |
| 734 LOIS DR | 2025-04 | $370,000 | 1,630 | 59.2% |
| 15 WRIGHT LOOP | 2026-05 | $320,000 | 1,764 | 54.1% |
| 1054 WINSLOW RD | 2026-03 | $350,000 | 1,821 | 52.1% |
| 330 BROAD ST | 2025-09 | $395,000 | 1,672 | 50.0% |
| 1611 FOREST DR | 2025-05 | $350,000 | 1,732 | 45.5% |
| 961 LOIS DR | 2025-06 | $395,000 | 1,560 | 54.7% |
| 38 WALNUT ST | 2026-02 | $360,000 | 1,806 | 52.1% |
| 150 HILBERT ST | 2025-04 | $340,000 | 1,818 | 55.5% |
| 434 N MAIN ST | 2025-06 | $310,000 | 1,521 | 49.8% |
Is this your house?
Run your own report →