The Fair Share Report

2822 Jackson 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

≈ $285,974

Likely range $256,910 – $304,961, from 12 comparable Monroe sales in the past 18 months (home size estimated from assessor data — range widened).

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 $285,974 home should be assessed near $170,069.

Step 3 · Assessed value

$118,600

Set at the last town-wide revaluation and mostly frozen since. That's $51,469 below what the ratio math suggests (30.3%).

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

$4,470/yr
Public schools$2,406
Gloucester County$823
Town of Monroe$1,241
Monroe average$7,870

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

Town median 50.9%
This home · 41.5%

33%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)

AddressSoldPriceSq ftRatio
633 GREENBRIAR DR2025-12$270,0001,17155.4%
1035 S BEECHAM RD2025-07$315,0001,04048.8%
1164 S BEECHAM RD2025-04$285,0001,04050.3%
1018 MICAWBER DR2026-04$315,0001,24853.6%
1011 S BEECHAM RD2026-01$340,0001,27546.8%
521 SICKLERVILLE RD2025-09$315,0001,20042.3%
307 BROADLANE RD2025-12$285,0001,08051.6%
746 E MALAGA RD2025-11$253,3501,08356.2%
584 CLAYTON RD2025-11$165,0001,18875.9%
971 N BEECHAM RD2026-04$350,0001,36849.0%
809 CRYSTAL DR2025-06$280,0001,13444.5%
1607 VICTORY AVE2026-03$320,00096044.0%

Is this your house?

Run your own report →

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 →