The Fair Share Report
357 Broadlane 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $245,606 – $313,574, 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 $294,050 home should be assessed near $174,872.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,372 below what the ratio math suggests (27.1%).
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
35%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 |
|---|---|---|---|---|
| 633 GREENBRIAR DR | 2025-12 | $270,000 | 1,171 | 55.4% |
| 1018 MICAWBER DR | 2026-04 | $315,000 | 1,248 | 53.6% |
| 1011 S BEECHAM RD | 2026-01 | $340,000 | 1,275 | 46.8% |
| 1035 S BEECHAM RD | 2025-07 | $315,000 | 1,040 | 48.8% |
| 1164 S BEECHAM RD | 2025-04 | $285,000 | 1,040 | 50.3% |
| 521 SICKLERVILLE RD | 2025-09 | $315,000 | 1,200 | 42.3% |
| 307 BROADLANE RD | 2025-12 | $285,000 | 1,080 | 51.6% |
| 971 N BEECHAM RD | 2026-04 | $350,000 | 1,368 | 49.0% |
| 1607 VICTORY AVE | 2026-03 | $320,000 | 960 | 44.0% |
| 900 GREENWICH CT | 2025-12 | $325,900 | 1,392 | 53.2% |
| 584 CLAYTON RD | 2025-11 | $165,000 | 1,188 | 75.9% |
| 103 RAPHAEL CT | 2025-10 | $245,000 | 1,152 | 51.7% |
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