The Fair Share Report

369 Staggerbush 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

≈ $612,261

Likely range $580,250 – $693,546, 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 $612,261 home should be assessed near $364,112.

Step 3 · Assessed value

$342,200

Set at the last town-wide revaluation and mostly frozen since. That's $21,912 below what the ratio math suggests (6.0%).

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

$12,898/yr
Public schools$6,942
Gloucester County$2,375
Town of Monroe$3,580
Monroe average$7,870

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

Town median 50.9%
This home · 55.9%

39%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
249 SPRING BEAUTY DR2025-06$725,0002,75755.4%
167 PRESLEY WAY2025-09$577,5002,70876.1%
304 DANVILLE DR2025-08$685,0002,88649.1%
104 PRESLEY WAY2026-05$650,0002,70861.9%
179 PRESLEY WAY2026-03$615,0002,70869.5%
263 STAGGERBUSH RD2025-07$595,0002,68860.2%
1965 HERBERT BLVD2025-07$700,0002,78452.8%
1778 CARRIAGE DR2025-04$525,0002,91658.5%
549 MAIDSTONE DR2026-05$555,0002,89550.7%
724 DAVINCI WAY2025-06$580,0002,80149.3%
1048 WESTON DR2025-08$530,0002,60158.8%
208 RIPLEY CT2025-11$635,0002,77650.0%

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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 →