The Fair Share Report

952 Mannington Dr

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.

Step 1 · Market value

≈ $597,049

Likely range $430,590 – $622,640, from 12 comparable Monroe sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.47%

The state's official measure of how far Monroe assessments sit below market value — republished every October, applied town-wide. A $597,049 home should be assessed near $355,065.

Step 3 · Assessed value

$308,100

Set at the last town-wide revaluation and mostly frozen since. That's $46,965 below what the ratio math suggests (13.2%).

Step 4 · The tax rate — same for every Monroe home

$3.768 per $100 assessed

$2.028 Schools · 54% $0.694 County · 18% $1.046 Town · 28%

Step 5 · The bill

$11,612/yr
Public schools$6,250
Gloucester County$2,139
Town of Monroe$3,224
Monroe average$7,870

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

Town median 50.9%
This home · 51.6%

39%77%

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)

AddressSoldPriceSq ftRatio
1430 CRANLEIGH LN2026-01$595,0002,52246.0%
208 RIPLEY CT2025-11$635,0002,77650.0%
960 MANNINGTON DR2025-10$585,0002,75354.2%
1055 HUNTINGDON DR2026-05$453,0002,63357.1%
1018 WOODHILL CT2026-02$475,0002,73656.8%
440 SCHOOLHOUSE RD2026-02$595,0002,61455.4%
1225 WHISPERING WOODS DR2025-06$585,0002,67248.9%
1104 EXPOSITION DR2025-04$328,0002,50662.9%
1048 WESTON DR2025-08$530,0002,60158.8%
1669 BRACKEN DR2025-06$650,0002,61748.0%
1208 EXPOSITION DR2025-04$341,0002,49260.8%
1714 BIDEN LN2025-10$645,0002,59445.6%

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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 →