The Fair Share Report
115 Sinclair Ave
Lacey, NJ 07086
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 $359,127 – $438,723, 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 $393,878 home should be assessed near $236,760.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,360 below what the ratio math suggests (27.2%).
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
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 |
|---|---|---|---|---|
| 455 NEWPORT ROAD | 2026-01 | $400,000 | 1,161 | 53.7% |
| 501 ADOLPHUS STREET | 2025-07 | $350,000 | 1,188 | 65.3% |
| 5 HERON COURT | 2025-05 | $460,000 | 1,134 | 43.7% |
| 16 BAYBERRY DRIVE | 2025-08 | $395,000 | 1,203 | 48.9% |
| 127 DRIFTWOOD LANE | 2026-06 | $415,000 | 1,108 | 46.3% |
| 418 SYCAMORE DRIVE | 2025-08 | $420,000 | 1,232 | 45.6% |
| 203 WALNUT DRIVE | 2025-10 | $440,000 | 1,198 | 42.3% |
| 822 TAPPAN STREET | 2025-12 | $390,000 | 1,174 | 54.7% |
| 322 STATION DRIVE | 2025-02 | $400,000 | 1,240 | 43.9% |
| 930 DEVON STREET | 2025-09 | $400,000 | 1,176 | 43.9% |
| 108 LAWRENCE DRIVE | 2025-07 | $310,000 | 1,280 | 54.7% |
| 1827 LONGWOOD DRIVE | 2026-06 | $400,000 | 1,272 | 45.7% |
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