The Fair Share Report
116 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 $46,684 – $170,145, from 6 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 $133,047 home should be assessed near $98,468.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,468 below what the ratio math suggests (34.0%).
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
33%145%
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 |
|---|---|---|---|---|
| 38 FRANKLIN ST | 2025-10 | $169,900 | 816 | 47.8% |
| 2971 ROOSEVELT STREET | 2025-09 | $230,000 | 720 | 45.4% |
| 338 MAIN ST | 2025-05 | $80,000 | 946 | 103.4% |
| 544 NEWPORT RD | 2025-05 | $180,000 | 704 | 51.6% |
| 14 EAST AVE | 2025-09 | $169,000 | 870 | 60.1% |
| 14 EAST AVE | 2025-02 | $85,000 | 870 | 119.5% |
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