The Fair Share Report

3910 Pine St

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

≈ $224,668

Likely range $197,001 – $263,170, 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 $224,668 home should be assessed near $133,610.

Step 3 · Assessed value

$76,300

Set at the last town-wide revaluation and mostly frozen since. That's $57,310 below what the ratio math suggests (42.9%).

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

$2,876/yr
Public schools$1,548
Gloucester County$530
Town of Monroe$798
Monroe average$7,870

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

Town median 50.9%
This home · 34.0%

24%74%

Keep quiet and enjoy it

This home's assessment ratio sits below the Monroe pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
209 HEWITT RD2025-07$305,00076846.3%
3781 LAKE AVE2025-08$112,50068861.4%
2003 LAKESIDE DR2025-06$294,90074047.3%
10 BATTLES RD2026-02$280,00089851.3%
142 LINDALE AVE2025-04$215,00089657.1%
519 SICKLERVILLE RD2025-03$180,00062551.7%
1446 TWELFTH AVE2026-03$250,00093644.0%
1510 N MAIN ST2025-09$320,00093655.7%
3109 JACKSON RD2025-12$315,00096460.9%
1241 CLAYTON RD2026-05$328,0001,00853.8%
323 FLORENCE BLVD2026-03$275,0001,00848.0%
1712 JANVIER RD2025-06$99,00049.6%

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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 →