The Fair Share Report
836 E Malaga Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $451,078 – $661,440, from 12 comparable Monroe sales in the past 18 months, at this home's 3,002 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Monroe assessments sit below market value — republished every October, applied town-wide. A $524,666 home should be assessed near $312,019.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,919 below what the ratio math suggests (16.0%).
Step 4 · The tax rate — same for every Monroe home
$2.028 Schools · 54% $0.694 County · 18% $1.046 Town · 28%
Step 5 · The bill
This home vs. every recent Monroe sale · assessed ÷ market
34%74%
Paying about right
This home's ratio lands inside Monroe'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 |
|---|---|---|---|---|
| 991 E MALAGA RD | 2025-03 | $385,000 | 3,306 | 67.7% |
| 1128 TAMARIND PL | 2025-07 | $620,000 | 2,945 | 47.2% |
| 1400 ENDINGO AVE | 2025-08 | $635,000 | 2,882 | 52.5% |
| 1828 LILLIAN DR | 2025-07 | $435,000 | 2,895 | 59.1% |
| 1401 SUNDROP CT | 2025-10 | $590,000 | 2,844 | 53.3% |
| 1821 LILLIAN DR | 2025-02 | $462,500 | 2,813 | 57.6% |
| 211 RIPLEY CT | 2026-02 | $635,000 | 3,026 | 44.8% |
| 181 ABERDEEN CT | 2025-08 | $618,000 | 2,536 | 43.4% |
| 1500 CAREX CT | 2025-03 | $650,000 | 2,672 | 46.4% |
| 1304 MORGAN RD | 2026-01 | $270,000 | 2,292 | 62.9% |
| 1121 TAMARIND PL | 2025-05 | $515,000 | 3,240 | 60.5% |
| 1884 FOREST DR | 2025-09 | $270,000 | 2,308 | 76.6% |
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