The Fair Share Report
210 Oak St
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 $156,990 – $237,442, 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 $186,730 home should be assessed near $111,048.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,948 below what the ratio math suggests (45.0%).
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
20%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 |
|---|---|---|---|---|
| POPLAR AVE | 2026-06 | $250,000 | 960 | 2.7% |
| 2003 LAKESIDE DR | 2025-06 | $294,900 | 740 | 47.3% |
| 1607 VICTORY AVE | 2026-03 | $320,000 | 960 | 44.0% |
| 308 FOURTH ST | 2025-02 | $175,000 | 946 | 63.3% |
| 3781 LAKE AVE | 2025-08 | $112,500 | 688 | 61.4% |
| 555 ST KITTS DR | 2025-05 | $320,000 | 1,318 | 47.8% |
| 580 DORAL DR | 2025-08 | $290,000 | 1,300 | 52.5% |
| 10 BATTLES RD | 2026-02 | $280,000 | 898 | 51.3% |
| 638 BARBADOS DR | 2025-08 | $299,900 | 1,219 | 47.3% |
| 402 PARADISE RD | 2026-02 | $335,000 | 1,318 | 54.2% |
| 402 PARADISE RD | 2025-05 | $255,000 | 1,318 | 71.3% |
| 1035 S BEECHAM RD | 2025-07 | $315,000 | 1,040 | 48.8% |
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