The Fair Share Report

511 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

≈ $1,656,038

Likely range $1,458,967 – $1,919,223, 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 $1,656,038 home should be assessed near $1,019,788.

Step 3 · Assessed value

$985,000

Set at the last town-wide revaluation and mostly frozen since. That's $34,788 below what the ratio math suggests (3.4%).

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

$26,250/yr
Public schools$18,152
Monmouth County$3,491
Town of Marlboro$4,607
Marlboro average$12,778

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

Town median 52.8%
This home · 59.5%

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
806 TURQUOISE TRAIL2025-10$1,999,9994,53552.0%
126 LAREDO DRIVE2025-08$1,515,0003,91065.0%
709 MONTANA DRIVE2025-08$1,600,0003,92559.1%
28 WITHERSPOON WAY2025-03$1,670,0004,43554.3%
15 EVAN DRIVE2025-08$1,380,0004,46051.0%
16 HUXLEY COURT2025-08$1,870,0004,22249.9%
30 WITHERSPOON WAY2025-01$1,683,0004,55353.8%
10 AUSTEN COURT2026-06$1,825,0004,03249.1%
6 EMERALD DRIVE2025-10$1,035,0004,30270.3%
405 WESTMINSTER DRIVE2025-07$1,950,0004,84657.2%
106 RICO DRIVE NORTH2025-08$1,720,0004,08053.7%
7 TOPAZ COURT2025-07$1,410,0004,42970.9%

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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 →