The Fair Share Report

508 Apache Trl

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

≈ $1,726,147

Likely range $1,583,568 – $1,827,775, from 12 comparable Marlboro sales in the past 18 months, at this home's 4,854 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 $1,726,147 home should be assessed near $1,062,961.

Step 3 · Assessed value

$967,400

Set at the last town-wide revaluation and mostly frozen since. That's $95,561 below what the ratio math suggests (9.0%).

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

$25,781/yr
Public schools$17,828
Monmouth County$3,429
Town of Marlboro$4,525
Marlboro average$12,778

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

Town median 52.8%
This home · 56.0%

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
405 WESTMINSTER DRIVE2025-07$1,950,0004,84657.2%
35 OLD MILL ROAD2026-02$1,255,0005,26469.2%
400 DEERFIELD ROAD2025-12$1,625,0004,98158.5%
806 TURQUOISE TRAIL2025-10$1,999,9994,53552.0%
168 PLEASANT VALLEY ROAD2025-07$1,777,0004,99755.0%
57 MOORE ROAD2025-05$1,850,0004,95656.0%
30 WITHERSPOON WAY2025-01$1,683,0004,55353.8%
108 RICO DRIVE NORTH2025-02$1,695,0005,10361.9%
15 HEMINGWAY COURT2025-08$2,025,0005,48751.1%
4 IGOE ROAD2025-03$1,590,0004,51562.7%
28 WITHERSPOON WAY2025-03$1,670,0004,43554.3%
22 COLERIDGE DRIVE2025-08$2,300,0004,64541.8%

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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 →