The Fair Share Report
515 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,548,020 – $1,826,312, from 12 comparable Marlboro sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Marlboro assessments sit below market value — republished every October, applied town-wide. A $1,710,500 home should be assessed near $1,053,326.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,126 below what the ratio math suggests (7.1%).
Step 4 · The tax rate — same for every Marlboro home
$1.773 Schools · 69% $0.341 County · 13% $0.450 Town · 18%
Step 5 · The bill
This home vs. every recent Marlboro sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 405 WESTMINSTER DRIVE | 2025-07 | $1,950,000 | 4,846 | 57.2% |
| 806 TURQUOISE TRAIL | 2025-10 | $1,999,999 | 4,535 | 52.0% |
| 35 OLD MILL ROAD | 2026-02 | $1,255,000 | 5,264 | 69.2% |
| 30 WITHERSPOON WAY | 2025-01 | $1,683,000 | 4,553 | 53.8% |
| 400 DEERFIELD ROAD | 2025-12 | $1,625,000 | 4,981 | 58.5% |
| 108 RICO DRIVE NORTH | 2025-02 | $1,695,000 | 5,103 | 61.9% |
| 15 HEMINGWAY COURT | 2025-08 | $2,025,000 | 5,487 | 51.1% |
| 168 PLEASANT VALLEY ROAD | 2025-07 | $1,777,000 | 4,997 | 55.0% |
| 22 COLERIDGE DRIVE | 2025-08 | $2,300,000 | 4,645 | 41.8% |
| 28 WITHERSPOON WAY | 2025-03 | $1,670,000 | 4,435 | 54.3% |
| 15 EVAN DRIVE | 2025-08 | $1,380,000 | 4,460 | 51.0% |
| 57 MOORE ROAD | 2025-05 | $1,850,000 | 4,956 | 56.0% |
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