The Fair Share Report

213 Ames Rd

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.

Step 1 · Market value

≈ $287,237

Likely range $254,286 – $333,628, from 12 comparable Monroe sales in the past 18 months, at this home's 1,424 sq ft.

Step 2 · The Director's Ratio

59.47%

The state's official measure of how far Monroe assessments sit below market value — republished every October, applied town-wide. A $287,237 home should be assessed near $170,820.

Step 3 · Assessed value

$132,700

Set at the last town-wide revaluation and mostly frozen since. That's $38,120 below what the ratio math suggests (22.3%).

Step 4 · The tax rate — same for every Monroe home

$3.768 per $100 assessed

$2.028 Schools · 54% $0.694 County · 18% $1.046 Town · 28%

Step 5 · The bill

$5,001/yr
Public schools$2,692
Gloucester County$921
Town of Monroe$1,388
Monroe average$7,870

This home vs. every recent Monroe sale · assessed ÷ market

Town median 50.9%
This home · 46.2%

34%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)

AddressSoldPriceSq ftRatio
338 CLINTON AVE2025-02$343,0001,46449.6%
432 MADISON AVE2026-05$290,0001,46454.5%
109 POPLAR ST2026-02$330,0001,49651.8%
109 POPLAR ST2025-01$245,0001,49669.7%
207 CHURCH ST2025-06$310,0001,73652.3%
113 GLASSBORO RD2025-11$330,0001,63647.5%
MAGNOLIA AVE2025-10$410,0001,4241.2%
399 FRYERS LN2025-06$393,0001,47846.9%
444 LONGFELLOW DR2025-10$275,0001,42447.8%
452 LONGFELLOW DR2025-03$294,9001,42444.7%
510 DEGAS CT2026-04$245,0001,41861.7%
206 RAPHAEL CT2026-03$245,0001,41861.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →