The Fair Share Report

3352 Jackson 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.

Step 1 · Market value

≈ $274,321

Likely range $244,009 – $298,453, from 12 comparable Monroe sales in the past 18 months (home size estimated from assessor data — range widened).

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 $274,321 home should be assessed near $163,139.

Step 3 · Assessed value

$116,300

Set at the last town-wide revaluation and mostly frozen since. That's $46,839 below what the ratio math suggests (28.7%).

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

$4,383/yr
Public schools$2,359
Gloucester County$807
Town of Monroe$1,217
Monroe average$7,870

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

Town median 50.9%
This home · 42.4%

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)

AddressSoldPriceSq ftRatio
809 CRYSTAL DR2025-06$280,0001,13444.5%
584 CLAYTON RD2025-11$165,0001,18875.9%
1729 HERBERT BLVD2026-03$285,00098846.6%
53 WILLIAM AVE2025-07$349,0001,31545.9%
1510 N MAIN ST2025-09$320,00093655.7%
746 E MALAGA RD2025-11$253,3501,08356.2%
1303 N TUCKAHOE RD2025-09$330,0001,27637.0%
4267 S BLACK HORSE PK2025-03$102,5001,01271.6%
521 SICKLERVILLE RD2025-09$315,0001,20042.3%
633 GREENBRIAR DR2025-12$270,0001,17155.4%
132 OAK ST2025-01$218,0001,09245.3%
1035 S BEECHAM RD2025-07$315,0001,04048.8%

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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 →