The Fair Share Report
150 Davis 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 $297,131 – $351,434, from 12 comparable Monroe sales in the past 18 months, at this home's 1,500 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 $311,494 home should be assessed near $185,245.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,355 above what the ratio math suggests (1.3%).
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 |
|---|---|---|---|---|
| 298 S TUCKAHOE RD | 2026-04 | $403,000 | 1,660 | 51.1% |
| 113 GLASSBORO RD | 2025-11 | $330,000 | 1,636 | 47.5% |
| 353 KETAL AVE | 2025-06 | $445,000 | 1,915 | 42.5% |
| 338 CLINTON AVE | 2025-02 | $343,000 | 1,464 | 49.6% |
| 852 GLASSBORO RD | 2025-09 | $85,000 | 1,476 | 92.5% |
| 109 POPLAR ST | 2026-02 | $330,000 | 1,496 | 51.8% |
| 109 POPLAR ST | 2025-01 | $245,000 | 1,496 | 69.7% |
| 908 THOREAU LN | 2025-01 | $310,000 | 1,511 | 45.4% |
| 621 CAMPUS DR | 2025-06 | $475,000 | 1,484 | 47.8% |
| 4 CORKERY LN | 2025-05 | $430,000 | 1,521 | 59.1% |
| 1186 GLEN HAVEN CT | 2025-12 | $317,101 | 1,527 | 47.6% |
| 2415 WINSLOW RD | 2025-01 | $250,000 | 1,474 | 75.4% |
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