The Fair Share Report
32 Kent 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 $353,043 – $480,444, from 12 comparable Monroe sales in the past 18 months, at this home's 1,979 sq ft.
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 $397,108 home should be assessed near $236,160.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,960 below what the ratio math suggests (34.3%).
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
27%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 |
|---|---|---|---|---|
| 1712 JANVIER RD | 2025-06 | $99,000 | — | 49.6% |
| 959 S MAIN ST | 2025-12 | $425,000 | 2,118 | 35.0% |
| 136 CORA AVE | 2025-12 | $380,000 | 1,934 | 49.8% |
| 109 LINDALE AVE | 2026-01 | $399,500 | 1,846 | 50.1% |
| 750 E MALAGA RD | 2025-01 | $275,000 | 2,032 | 64.3% |
| 1528 E MALAGA RD | 2026-04 | $520,000 | 2,098 | 44.6% |
| 1325 JANVIER RD | 2025-12 | $490,000 | 1,990 | 44.6% |
| 1776 N TUCKAHOE RD | 2026-02 | $310,000 | 1,660 | 50.9% |
| 117 CORA AVE | 2025-11 | $275,000 | 1,746 | 53.9% |
| 298 S TUCKAHOE RD | 2026-04 | $403,000 | 1,660 | 51.1% |
| 2421 HIGHLAND RD | 2025-12 | $394,000 | 1,800 | 46.7% |
| 1614 ATLANTIC AVE | 2025-08 | $365,000 | 1,650 | 56.9% |
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