The Fair Share Report
115 Maple 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $126,669 – $282,952, from 12 comparable Lawrence 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 Lawrence assessments sit below market value — republished every October, applied town-wide. A $211,238 home should be assessed near $156,337.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,337 below what the ratio math suggests (15.6%).
Step 4 · The tax rate — same for every Lawrence home
$1.214 Schools · 41% $1.092 County · 37% $0.671 Town · 23%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
40%110%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 26 FRANKLIN ST | 2025-11 | $105,000 | 1,368 | 127.4% |
| 11 BETA LANE | 2026-04 | $275,000 | 1,288 | 45.5% |
| 380 MAIN ST | 2026-01 | $250,000 | 1,836 | 59.7% |
| 338 MAIN ST | 2025-05 | $80,000 | 946 | 103.4% |
| 107 MAIN ST | 2026-05 | $148,000 | 1,424 | 89.7% |
| 3015 PARK AVE | 2026-04 | $185,000 | 1,107 | 77.5% |
| 50 ROYAL AVE | 2025-10 | $300,000 | 1,440 | 55.6% |
| 3149 CEDARVILLE RD | 2026-06 | $160,000 | 1,080 | 90.1% |
| 3359 CEDARVILLE RD | 2026-03 | $280,000 | 1,536 | 55.0% |
| 5651 WARD AVE | 2026-02 | $215,000 | 960 | 54.7% |
| 4650 DWYER AVE | 2025-08 | $280,000 | 1,224 | 59.9% |
| 101 EAST AVE. | 2025-09 | $140,000 | 1,220 | 40.6% |
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