The Fair Share Report
331 Clinton Ave
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 $260,917 – $362,387, 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 $318,088 home should be assessed near $189,167.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,867 below what the ratio math suggests (24.2%).
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
34%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 338 CLINTON AVE | 2025-02 | $343,000 | 1,464 | 49.6% |
| 109 POPLAR ST | 2026-02 | $330,000 | 1,496 | 51.8% |
| 109 POPLAR ST | 2025-01 | $245,000 | 1,496 | 69.7% |
| 432 MADISON AVE | 2026-05 | $290,000 | 1,464 | 54.5% |
| MAGNOLIA AVE | 2025-10 | $410,000 | 1,424 | 1.2% |
| 221 OAK ST | 2025-03 | $160,000 | 1,440 | 73.9% |
| 329 BLUE BELL RD | 2025-03 | $250,000 | 1,338 | 62.2% |
| 207 CHURCH ST | 2025-06 | $310,000 | 1,736 | 52.3% |
| 643 BLUE BELL RD | 2026-01 | $364,100 | 1,460 | 45.7% |
| 113 GLASSBORO RD | 2025-11 | $330,000 | 1,636 | 47.5% |
| 1125 ARBUTUS AVE | 2026-06 | $361,000 | 1,464 | 43.8% |
| 1729 JANVIER RD | 2025-04 | $321,000 | 1,301 | 52.1% |
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