The Fair Share Report
1002 Devon St
Lacey, NJ 08753
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 $267,289 – $331,673, from 12 comparable Lacey 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 Lacey assessments sit below market value — republished every October, applied town-wide. A $314,902 home should be assessed near $189,288.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,188 below what the ratio math suggests (49.2%).
Step 4 · The tax rate — same for every Lacey home
$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%
Step 5 · The bill
This home vs. every recent Lacey sale · assessed ÷ market
24%75%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lacey pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1760 LAKESIDE DR SO | 2026-05 | $255,000 | 672 | 40.8% |
| 694 DEER HEAD LAKE DR | 2025-04 | $300,000 | 1,053 | 41.2% |
| 835 BUNNELL STREET | 2025-05 | $340,000 | 840 | 39.1% |
| 930 TAPPAN STREET | 2026-05 | $230,700 | 732 | 48.5% |
| 265 FALKENBURGH AVENUE | 2025-05 | $360,000 | 878 | 46.4% |
| 104 BAY WAY | 2025-05 | $250,000 | 708 | 51.3% |
| 418 BEACH BLVD | 2026-06 | $279,000 | 798 | 42.4% |
| 1805 BEACH BLVD | 2025-11 | $375,000 | 813 | 39.9% |
| 1801 SERPENTINE DRIVE | 2025-08 | $327,000 | 786 | 42.1% |
| 739 BIRCH ROAD | 2025-05 | $360,000 | 840 | 42.3% |
| 202 BEACH BLVD | 2025-08 | $339,999 | 840 | 48.0% |
| 2015 WHITCOMB ROAD | 2025-09 | $335,000 | 828 | 44.5% |
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