The Fair Share Report

51 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

≈ $871,486

Likely range $722,772 – $1,022,259, from 12 comparable Marlboro sales in the past 18 months (home size estimated from assessor data — range widened).

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 $871,486 home should be assessed near $536,661.

Step 3 · Assessed value

$503,400

Set at the last town-wide revaluation and mostly frozen since. That's $33,261 below what the ratio math suggests (6.2%).

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

$13,209/yr
Public schools$9,134
Monmouth County$1,757
Town of Marlboro$2,318
Marlboro average$12,778

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

Town median 52.8%
This home · 57.8%

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
15 JULIAN WAY2025-07$880,0002,58457.9%
10 BRUNSWICK DRIVE2025-10$970,0002,53946.1%
4 STETSON PLACE2025-01$825,0002,45949.8%
25 WESTBROOK DRIVE2025-08$1,155,0002,68448.4%
1 WEATHERVANE WAY2026-02$1,100,0002,57549.4%
6 GEANNE WAY2025-07$699,9002,48459.0%
65 RIVER DRIVE2025-07$750,0002,58656.3%
43 GARY DRIVE2025-06$800,0002,65461.6%
75 STEEPLECHASE DRIVE2025-01$970,0002,53848.2%
1 LAKE ONTARIO LANE2026-06$1,050,0002,68043.5%
25 STOCKTON DRIVE2025-05$631,0002,54479.3%
1 PHEASANT DRIVE2025-09$999,0022,60250.2%

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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 →