The Fair Share Report
357 Kali Ln
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 $489,338 – $655,058, from 12 comparable Monroe sales in the past 18 months, at this home's 2,771 sq ft.
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 $588,825 home should be assessed near $350,174.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,274 below what the ratio math suggests (20.9%).
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
37%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 |
|---|---|---|---|---|
| 1018 WOODHILL CT | 2026-02 | $475,000 | 2,736 | 56.8% |
| 1019 BONNIE BLUE CIR | 2026-05 | $650,000 | 2,712 | 44.5% |
| 1303 HEIDELBERG DR | 2025-09 | $510,000 | 2,712 | 50.7% |
| 208 RIPLEY CT | 2025-11 | $635,000 | 2,776 | 50.0% |
| 960 MANNINGTON DR | 2025-10 | $585,000 | 2,753 | 54.2% |
| 724 DAVINCI WAY | 2025-06 | $580,000 | 2,801 | 49.3% |
| 408 COLTS RUN RD | 2025-02 | $435,000 | 2,674 | 66.0% |
| 1965 HERBERT BLVD | 2025-07 | $700,000 | 2,784 | 52.8% |
| 1401 SUNDROP CT | 2025-10 | $590,000 | 2,844 | 53.3% |
| 1521 E MALAGA RD | 2026-03 | $620,000 | 2,665 | 56.7% |
| 1521 E MALAGA RD | 2025-02 | $630,000 | 2,665 | 55.8% |
| 1400 ENDINGO AVE | 2025-08 | $635,000 | 2,882 | 52.5% |
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