The Fair Share Report
1 Eric Ct
Lawrence, NJ 08648
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Lawrence's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $632,758 – $1,031,954, from 12 comparable Lawrence 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 Lawrence assessments sit below market value — republished every October, applied town-wide. A $662,155 home should be assessed near $488,670.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,930 above what the ratio math suggests (16.8%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
45%96%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6 BENEDEK ROAD | 2025-07 | $995,000 | 3,172 | 68.7% |
| 19 FOXCROFT DRIVE | 2025-05 | $1,050,000 | 3,884 | 65.0% |
| 86 SCHINDLER COURT | 2026-05 | $545,001 | 2,982 | 71.4% |
| 74 SCHINDLER COURT | 2026-02 | $549,000 | 2,938 | 69.6% |
| 34 SCHINDLER COURT | 2026-01 | $560,000 | 2,938 | 71.0% |
| 6 ALLURA COURT | 2026-03 | $570,000 | 2,938 | 70.7% |
| 29 FOXCROFT DRIVE | 2025-06 | $800,000 | 3,541 | 81.0% |
| 405 BERGEN ST | 2025-05 | $885,000 | 3,117 | 55.6% |
| 1 BROMLEY COURT | 2025-02 | $870,000 | 2,728 | 54.6% |
| 4 SCHINDLER COURT | 2025-12 | $490,000 | 2,647 | 74.2% |
| 28 SCHINDLER COURT | 2025-09 | $493,000 | 2,647 | 73.8% |
| 3 VENTANA COURT | 2026-04 | $500,000 | 2,647 | 69.9% |
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