The Fair Share Report

439 Longfellow Dr

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

≈ $413,378

Likely range $340,020 – $447,347, 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 $413,378 home should be assessed near $245,836.

Step 3 · Assessed value

$188,700

Set at the last town-wide revaluation and mostly frozen since. That's $57,136 below what the ratio math suggests (23.2%).

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

$7,112/yr
Public schools$3,828
Gloucester County$1,310
Town of Monroe$1,974
Monroe average$7,870

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

Town median 50.9%
This home · 45.6%

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)

AddressSoldPriceSq ftRatio
336 COPPERFIELD DR2026-06$365,0001,81860.7%
332 COPPERFIELD DR2025-05$460,0001,81851.7%
310 COPPERFIELD DR2025-02$450,0001,83548.9%
1500 BRIARWOOD DR2025-02$420,0001,77655.0%
382 ST THOMAS BLVD2026-04$360,0001,74251.6%
817 THOREAU LN2025-03$310,0001,80645.6%
412 ABERDEEN RD2025-11$415,0001,72851.0%
460 VIRGIN ISLAND DR2025-09$384,9001,81849.6%
310 BRYN MAWR DR2025-08$470,0001,81057.4%
360 WALNUT ST2025-05$425,0001,64458.1%
1121 LAFAYETTE ST2025-12$430,0001,76855.1%
1101 LAFAYETTE ST2025-11$395,0001,76860.5%

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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 →