The Fair Share Report

310 Pickwick 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.

Step 1 · Market value

≈ $570,499

Likely range $527,202 – $625,956, from 12 comparable Monroe sales in the past 18 months, at this home's 2,750 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 $570,499 home should be assessed near $339,276.

Step 3 · Assessed value

$273,200

Set at the last town-wide revaluation and mostly frozen since. That's $66,076 below what the ratio math suggests (19.5%).

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

$10,297/yr
Public schools$5,542
Gloucester County$1,897
Town of Monroe$2,858
Monroe average$7,870

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

Town median 50.9%
This home · 47.9%

38%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
1018 WOODHILL CT2026-02$475,0002,73656.8%
1544 WHISPERING WOODS DR2025-08$620,0002,68451.9%
1401 SUNDROP CT2025-10$590,0002,84453.3%
549 MAIDSTONE DR2026-05$555,0002,89550.7%
1400 ENDINGO AVE2025-08$635,0002,88252.5%
1019 BONNIE BLUE CIR2026-05$650,0002,71244.5%
1128 TAMARIND PL2025-07$620,0002,94547.2%
1500 CAREX CT2025-03$650,0002,67246.4%
1116 LAFAYETTE ST2025-07$500,0002,48953.3%
724 DAVINCI WAY2025-06$580,0002,80149.3%
440 SCHOOLHOUSE RD2026-02$595,0002,61455.4%
1209 SASSAFRAS CT2025-07$605,0003,00051.0%

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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 →