The Fair Share Report

335 Devon Pl

Marlboro, NJ 07751

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

≈ $520,000

Likely range $493,469 – $560,000, from 12 comparable Marlboro sales in the past 18 months, at this home's 1,676 sq ft.

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 $520,000 home should be assessed near $320,216.

Step 3 · Assessed value

$273,800

Set at the last town-wide revaluation and mostly frozen since. That's $46,416 below what the ratio math suggests (14.5%).

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

$7,185/yr
Public schools$4,968
Monmouth County$956
Town of Marlboro$1,261
Marlboro average$12,778

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

Town median 52.8%
This home · 52.7%

39%76%

Paying about right

This home's ratio lands inside Marlboro'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
291 STRATFORD PLACE2026-01$501,0001,67653.4%
216 FRANKLIN PLACE2025-08$560,0001,67647.2%
84 FOXWOOD PLACE2025-04$520,0001,67652.3%
537 MANCHESTER PLACE2025-03$550,0001,67649.5%
153 TANGLEWOOD PLACE2026-02$505,0001,58454.0%
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%

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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 →