The Fair Share Report
1407 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $424,901 – $490,485, from 12 comparable Monroe sales in the past 18 months, at this home's 2,016 sq ft.
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 $468,142 home should be assessed near $278,404.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $98,004 below what the ratio math suggests (35.2%).
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
31%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1406 EXPOSITION DR | 2026-01 | $325,000 | 2,016 | 55.5% |
| 272 RUSHFOIL DR | 2025-10 | $455,000 | 1,984 | 52.1% |
| 505 MATISSE WAY | 2026-02 | $330,000 | 2,016 | 53.9% |
| 774 ALLISON DR | 2025-09 | $515,000 | 2,120 | 54.6% |
| 212 MONTROSE LN | 2026-04 | $499,000 | 2,051 | 55.6% |
| 772 KRISTIN LN | 2025-07 | $625,000 | 2,142 | 53.9% |
| 714 CHATSFORD RD | 2025-11 | $470,000 | 2,024 | 49.1% |
| 531 RIVIERA DR | 2026-05 | $419,000 | 1,988 | 49.6% |
| 712 BRANDYWINE DR | 2025-09 | $310,000 | 2,054 | 48.3% |
| 208 SPRING BEAUTY DR | 2025-04 | $550,000 | 2,108 | 57.8% |
| 1665 CARRIAGE DR | 2026-05 | $439,000 | 1,918 | 52.5% |
| 80 GRANDVIEW AVE | 2025-03 | $445,000 | 2,016 | 59.3% |
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