The Fair Share Report
2944 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $228,064 – $314,221, 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 $266,577 home should be assessed near $158,533.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,933 below what the ratio math suggests (33.4%).
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
28%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 |
|---|---|---|---|---|
| 4267 S BLACK HORSE PK | 2025-03 | $102,500 | 1,012 | 71.6% |
| 1729 HERBERT BLVD | 2026-03 | $285,000 | 988 | 46.6% |
| 746 E MALAGA RD | 2025-11 | $253,350 | 1,083 | 56.2% |
| 1510 N MAIN ST | 2025-09 | $320,000 | 936 | 55.7% |
| 1035 S BEECHAM RD | 2025-07 | $315,000 | 1,040 | 48.8% |
| 1164 S BEECHAM RD | 2025-04 | $285,000 | 1,040 | 50.3% |
| 584 CLAYTON RD | 2025-11 | $165,000 | 1,188 | 75.9% |
| 809 CRYSTAL DR | 2025-06 | $280,000 | 1,134 | 44.5% |
| 1607 VICTORY AVE | 2026-03 | $320,000 | 960 | 44.0% |
| 135 OAK ST | 2025-12 | $265,000 | 1,008 | 54.8% |
| 446 PRINCE AVE | 2025-08 | $155,000 | 1,032 | 31.6% |
| 521 SICKLERVILLE RD | 2025-09 | $315,000 | 1,200 | 42.3% |
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