The Fair Share Report
1905 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 $389,238 – $424,991, from 12 comparable Monroe sales in the past 18 months, at this home's 1,736 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 $400,760 home should be assessed near $238,332.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,332 below what the ratio math suggests (25.7%).
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
36%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 |
|---|---|---|---|---|
| 527 RIVIERA DR | 2025-07 | $400,000 | 1,784 | 48.0% |
| 1121 LAFAYETTE ST | 2025-12 | $430,000 | 1,768 | 55.1% |
| 1101 LAFAYETTE ST | 2025-11 | $395,000 | 1,768 | 60.5% |
| 382 ST THOMAS BLVD | 2026-04 | $360,000 | 1,742 | 51.6% |
| 404 VIRGIN ISLAND DR | 2026-01 | $401,000 | 1,638 | 45.4% |
| 1657 CARRIAGE DR | 2025-10 | $450,000 | 1,893 | 53.2% |
| 1500 BRIARWOOD DR | 2025-02 | $420,000 | 1,776 | 55.0% |
| 1665 CARRIAGE DR | 2026-05 | $439,000 | 1,918 | 52.5% |
| 345 HUBER AVE | 2025-05 | $380,000 | 1,664 | 49.5% |
| 504 CASTLEBAY DR | 2026-02 | $489,900 | 1,716 | 51.6% |
| 310 BRYN MAWR DR | 2025-08 | $470,000 | 1,810 | 57.4% |
| 1674 MILLS LN | 2025-03 | $425,000 | 1,841 | 58.2% |
Is this your house?
Run your own report →