The Fair Share Report

452 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

≈ $303,187

Likely range $289,266 – $361,446, from 12 comparable Monroe sales in the past 18 months, at this home's 1,424 sq ft.

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 $303,187 home should be assessed near $180,305.

Step 3 · Assessed value

$131,700

Set at the last town-wide revaluation and mostly frozen since. That's $48,605 below what the ratio math suggests (27.0%).

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

$4,964/yr
Public schools$2,672
Gloucester County$914
Town of Monroe$1,378
Monroe average$7,870

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

Town median 50.9%
This home · 43.4%

31%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
MAGNOLIA AVE2025-10$410,0001,4241.2%
910 THOREAU LN2026-04$285,0001,40344.3%
632 NEW ST2025-05$399,0001,44052.0%
632 NEW ST2025-04$289,0001,44071.8%
444 LONGFELLOW DR2025-10$275,0001,42447.8%
68 KERRY LYNN CT2026-04$310,0001,41241.8%
153 KERRY LYNN CT2025-04$317,0001,41245.6%
620 CARIBBEAN WAY2025-09$297,7701,40846.0%
206 HOLIDAY CITY BLVD2025-09$258,0001,40854.3%
318 HOLIDAY CITY BLVD2025-06$295,0001,40847.9%
737 TRINIDAD BLVD2025-04$308,0001,40847.6%
1850 YORK AVE2025-10$310,0001,45653.1%

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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 →