The Fair Share Report
175 Kyle Ct
Monroe, NJ 08831
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 $620,094 – $795,978, 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 $660,301 home should be assessed near $355,704.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,604 below what the ratio math suggests (2.7%).
Step 4 · The tax rate — same for every Monroe home
$1.535 Schools · 56% $0.608 County · 22% $0.596 Town · 22%
Step 5 · The bill
This home vs. every recent Monroe sale · assessed ÷ market
22%67%
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 |
|---|---|---|---|---|
| 25 MISSY LANE | 2026-06 | $620,000 | 2,134 | 54.6% |
| 92 CRESCENT WAY | 2025-01 | $590,000 | 2,134 | 57.1% |
| 112 MURANO AVENUE | 2025-04 | $630,000 | 2,150 | 52.2% |
| 213 BLACKBERRY WAY | 2025-10 | $625,000 | 2,134 | 55.7% |
| 193 BLACKBERRY WAY | 2025-07 | $675,000 | 2,134 | 50.9% |
| 44 KINGS MILL ROAD | 2026-04 | $769,000 | 2,129 | 46.7% |
| 15 MISSY LANE | 2025-11 | $630,000 | 2,214 | 49.1% |
| 14 GLEN EAGLES WAY | 2025-03 | $725,000 | 2,128 | 48.3% |
| 21 TORREY PINES DRIVE | 2025-04 | $795,000 | 2,252 | 50.0% |
| 36 CRENSHAW COURT | 2025-11 | $646,500 | 2,108 | 53.8% |
| 235 VALENCIA DRIVE | 2025-10 | $680,000 | 2,219 | 50.1% |
| 1 TAMARACK ROAD | 2025-08 | $780,000 | 2,077 | 45.5% |
Is this your house?
Run your own report →