The Fair Share Report
107 Sinclair Ave
Lacey, NJ 08734
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 $376,883 – $546,903, 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 $458,442 home should be assessed near $275,569.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,469 below what the ratio math suggests (21.9%).
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
34%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 321 LAWRENCE DRIVE | 2025-06 | $362,000 | 1,472 | 83.6% |
| 418 STEUBEN AVENUE | 2025-10 | $600,000 | 1,456 | 48.4% |
| 412 STEUBEN AVENUE | 2025-08 | $625,000 | 1,484 | 53.8% |
| 309 LAWRENCE DRIVE | 2026-06 | $390,000 | 1,470 | 50.4% |
| 438 CARR STREET | 2025-01 | $385,000 | 1,496 | 65.2% |
| 330 RIVIERA DRIVE | 2026-04 | $470,000 | 1,464 | 38.6% |
| 504 CLAIRMORE AVENUE | 2026-02 | $375,000 | 1,450 | 54.1% |
| 461 NEWPORT ROAD | 2025-07 | $455,000 | 1,454 | 51.5% |
| 503 BUTTONWOOD DRIVE | 2026-05 | $465,000 | 1,467 | 48.3% |
| 22 SALTSPRAY DRIVE | 2026-04 | $420,000 | 1,428 | 50.4% |
| 20 BAYBERRY DRIVE | 2025-12 | $485,000 | 1,517 | 54.8% |
| 124 OAKWOOD PLACE | 2026-01 | $450,000 | 1,496 | 63.0% |
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