The Fair Share Report

45 Ruby Dr

Marlboro, NJ 07751

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

≈ $996,570

Likely range $893,817 – $1,193,846, from 12 comparable Marlboro sales in the past 18 months, at this home's 3,436 sq ft.

Step 2 · The Director's Ratio

61.58%

The state's official measure of how far Marlboro assessments sit below market value — republished every October, applied town-wide. A $996,570 home should be assessed near $613,688.

Step 3 · Assessed value

$563,100

Set at the last town-wide revaluation and mostly frozen since. That's $50,588 below what the ratio math suggests (8.2%).

Step 4 · The tax rate — same for every Marlboro home

$2.563 per $100 assessed

$1.773 Schools · 69% $0.341 County · 13% $0.450 Town · 18%

Step 5 · The bill

$14,776/yr
Public schools$10,217
Monmouth County$1,965
Town of Marlboro$2,593
Marlboro average$12,778

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

Town median 52.8%
This home · 56.5%

39%76%

Paying about right

This home's ratio lands inside Marlboro'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
21 ALBERTA DRIVE2025-12$959,0003,37750.3%
25 CANADIAN WOODS ROAD2025-09$870,0003,45559.3%
23 ELI CIRCLE2026-01$1,175,0003,37556.0%
35 STONY HILL DRIVE2025-12$1,250,0003,42848.0%
15 ADAMS STREET2025-10$907,5003,15661.0%
4 FOREST COURT2026-03$1,250,0003,66551.6%
5 HOMESTEAD CIRCLE2026-02$860,0003,30661.4%
11 WOODVIEW DRIVE2026-02$815,0003,49459.1%
1 CIAFARDINI COURT2026-03$1,200,0003,15648.7%
2 TEAL COURT2025-04$955,0003,20760.6%
5 STONE LANE2025-08$980,0003,20259.0%
3 ALBERTA DRIVE2026-04$1,091,0003,14049.5%

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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 →