The Fair Share Report

317 Devon Pl

Marlboro, NJ 07751

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Marlboro's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $481,727

Likely range $445,770 – $508,340, from 12 comparable Marlboro sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.58%

The state's official measure of how far Marlboro assessments sit below market value — republished every October, applied town-wide. A $481,727 home should be assessed near $296,647.

Step 3 · Assessed value

$258,400

Set at the last town-wide revaluation and mostly frozen since. That's $38,247 below what the ratio math suggests (12.9%).

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

$2.563 per $100 assessed

$1.773 Schools · 69% $0.341 County · 13% $0.450 Town · 18%

Step 5 · The bill

$6,780/yr
Public schools$4,689
Monmouth County$902
Town of Marlboro$1,190
Marlboro average$12,778

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

Town median 52.8%
This home · 53.6%

39%76%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
201 FORSYTHIA LANE2026-01$485,0001,50839.6%
351 SUNSHINE COURT2025-12$500,0001,50845.2%
333 DEVON PLACE2026-03$435,0001,54359.9%
85 DARTMOUTH PLACE2026-02$401,1501,54367.1%
57 CULFORD PLACE2026-02$460,0001,54357.0%
34 PORTLAND PLACE2026-01$550,0001,54347.1%
90 FOXWOOD PLACE2025-12$480,0001,54356.8%
34 PORTLAND PLACE2025-10$450,0001,54357.6%
288 HARVARD PLACE2025-07$525,0001,54352.0%
266 FAIRFIELD PLACE2025-04$525,0001,54350.4%
153 TANGLEWOOD PLACE2026-02$505,0001,58454.0%
28 ASPEN AVENUE2026-02$490,0001,50843.1%

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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 →