The Fair Share Report

33A Haddon Rd

Monroe, NJ 08816

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

≈ $317,845

Likely range $267,800 – $371,504, from 12 comparable Monroe sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

53.87%

The state's official measure of how far Monroe assessments sit below market value — republished every October, applied town-wide. A $317,845 home should be assessed near $171,223.

Step 3 · Assessed value

$107,200

Set at the last town-wide revaluation and mostly frozen since. That's $64,023 below what the ratio math suggests (37.4%).

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

$2.740 per $100 assessed

$1.535 Schools · 56% $0.608 County · 22% $0.596 Town · 22%

Step 5 · The bill

$3,116/yr
Public schools$1,746
Middlesex County$692
Town of Monroe$678
Monroe average$9,247

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

Town median 45.0%
This home · 33.7%

22%67%

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
163A KALMIA PLAZA2025-07$315,0001,33644.1%
58B ESSEX ROAD2025-10$325,0001,36831.4%
333C NEWPORT WAY2025-12$272,5001,32729.1%
36C HADDON RD2025-11$375,0001,30433.1%
259B OLD NASSAU RD2026-04$275,0001,37425.4%
267B MILFORD LANE2026-01$250,0001,37427.2%
253A MYSTIC LANE2025-10$290,0001,37426.1%
110C CHATHAM DRIVE2026-05$347,0001,30429.4%
96C SALIX PLAZA2026-04$340,0001,30432.8%
139A CISTUS PLAZA2025-06$310,0001,30441.5%
45B CATALPA PLAZA2025-06$365,0001,30433.5%
50B JUNIPER PLAZA2025-06$360,0001,30433.1%

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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 →