The Fair Share Report

11 E Ave

Lawrence, NJ 08311

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

≈ $188,487

Likely range $123,088 – $226,140, from 12 comparable Lawrence sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.01%

The state's official measure of how far Lawrence assessments sit below market value — republished every October, applied town-wide. A $188,487 home should be assessed near $139,499.

Step 3 · Assessed value

$107,600

Set at the last town-wide revaluation and mostly frozen since. That's $31,899 below what the ratio math suggests (22.9%).

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

$2.977 per $100 assessed

$1.214 Schools · 41% $1.092 County · 37% $0.671 Town · 23%

Step 5 · The bill

$3,206/yr
Public schools$1,308
Cumberland County$1,176
Town of Lawrence$723
Lawrence average$5,110

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

Town median 57.3%
This home · 57.1%

40%100%

Paying about right

This home's ratio lands inside Lawrence'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
338 MAIN ST2025-05$80,000946103.4%
14 EAST AVE2025-09$169,00087060.1%
14 EAST AVE2025-02$85,000870119.5%
38 FRANKLIN ST2025-10$169,90081647.8%
26 FRANKLIN ST2025-11$105,0001,368127.4%
5651 WARD AVE2026-02$215,00096054.7%
3755 CEDARVILLE RD2025-02$185,0001,00861.7%
3149 CEDARVILLE RD2026-06$160,0001,08090.1%
3015 PARK AVE2026-04$185,0001,10777.5%
42 NEWPORT RD.2025-02$252,5001,09468.2%
568 RAMAH RD2024-12$255,0001,10457.3%
59 MULFORD AVE2025-05$180,0001,10580.3%

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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 →