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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$1.535 Schools · 56% $0.608 County · 22% $0.596 Town · 22%
Step 5 · The bill
This home vs. every recent Monroe sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 163A KALMIA PLAZA | 2025-07 | $315,000 | 1,336 | 44.1% |
| 58B ESSEX ROAD | 2025-10 | $325,000 | 1,368 | 31.4% |
| 333C NEWPORT WAY | 2025-12 | $272,500 | 1,327 | 29.1% |
| 36C HADDON RD | 2025-11 | $375,000 | 1,304 | 33.1% |
| 259B OLD NASSAU RD | 2026-04 | $275,000 | 1,374 | 25.4% |
| 267B MILFORD LANE | 2026-01 | $250,000 | 1,374 | 27.2% |
| 253A MYSTIC LANE | 2025-10 | $290,000 | 1,374 | 26.1% |
| 110C CHATHAM DRIVE | 2026-05 | $347,000 | 1,304 | 29.4% |
| 96C SALIX PLAZA | 2026-04 | $340,000 | 1,304 | 32.8% |
| 139A CISTUS PLAZA | 2025-06 | $310,000 | 1,304 | 41.5% |
| 45B CATALPA PLAZA | 2025-06 | $365,000 | 1,304 | 33.5% |
| 50B JUNIPER PLAZA | 2025-06 | $360,000 | 1,304 | 33.1% |
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