The Fair Share Report

10 Ruby Ct

Lakewood, NJ 08701

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

≈ $842,066

Likely range $665,583 – $936,799, from 12 comparable Lakewood sales in the past 18 months, at this home's 2,282 sq ft.

Step 2 · The Director's Ratio

52.27%

The state's official measure of how far Lakewood assessments sit below market value — republished every October, applied town-wide. A $842,066 home should be assessed near $440,148.

Step 3 · Assessed value

$391,000

Set at the last town-wide revaluation and mostly frozen since. That's $49,148 below what the ratio math suggests (11.2%).

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

$2.461 per $100 assessed

$1.026 Schools · 42% $0.600 County · 24% $0.835 Town · 34%

Step 5 · The bill

$10,115/yr
Public schools$4,217
Ocean County$2,466
Town of Lakewood$3,432
Lakewood average$8,974

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

Town median 46.8%
This home · 46.4%

31%66%

Paying about right

This home's ratio lands inside Lakewood'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
14 WINDING RIVER ROAD2026-01$710,0002,20834.9%
129 LIVERPOOL COURT2026-03$599,0002,17447.0%
2 CEDAR DRIVE2025-07$2,115,0002,43026.8%
54 FOXWOOD ROAD2025-08$825,0002,22035.2%
1170 CECIL COURT2025-02$865,0002,16847.9%
418 8TH STREET2026-02$999,9992,13748.5%
1196 CECIL COURT2025-10$890,0002,16842.9%
44 IVY HILL ROAD2025-08$460,0002,23266.7%
35 ROSEWOOD DRIVE2025-07$589,0002,23248.6%
46 SKYLINE DRIVE2025-07$651,0002,23244.9%
15 SANDHURST ROAD2025-05$777,0002,34636.6%
1163 CECIL COURT2026-04$800,0002,16844.7%

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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 →