The Fair Share Report

10 Second St

Lacey, 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

≈ $429,366

Likely range $361,490 – $564,364, from 12 comparable Lacey sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.11%

The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $429,366 home should be assessed near $258,092.

Step 3 · Assessed value

$213,800

Set at the last town-wide revaluation and mostly frozen since. That's $44,292 below what the ratio math suggests (17.2%).

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

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

Step 5 · The bill

$5,847/yr
Public schools$3,529
Ocean County$1,112
Town of Lacey$1,206
Lacey average$7,904

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

Town median 52.6%
This home · 49.8%

32%75%

Paying about right

This home's ratio lands inside Lacey'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
622 OAKWOOD DRIVE2025-03$436,0001,36242.9%
918 LAKESIDE DRIVE NO2026-01$430,0001,35749.6%
614 BEACH BLVD2025-07$211,0001,35267.6%
612 DEERHEAD LAKE DRIVE2025-07$500,0001,36751.5%
107 SEA BRIGHT ROAD2025-07$380,0001,26844.9%
303 CONSTITUTION DRIVE2025-02$365,0001,33245.1%
1210 POLARIS COURT2025-04$554,9001,38043.9%
1012 EAST PANAMA COURT2025-11$425,0001,40455.4%
1721 PARKSIDE DR2025-05$395,5001,45644.7%
459 STEUBEN AVENUE2026-01$530,0001,43246.4%
634 FAIRVIEW LANE2026-02$634,9001,35662.5%
22 SALTSPRAY DRIVE2026-04$420,0001,42850.4%

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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 →