The Fair Share Report
153 Eldridge Ave
Lawrence, NJ 08648
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 $223,511 – $325,184, 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 $284,509 home should be assessed near $209,968.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,068 below what the ratio math suggests (33.8%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
This home's own bill implies $2.985 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
37%90%
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 |
|---|---|---|---|---|
| 1588 BRUNSWICK AVE | 2025-03 | $380,000 | 1,268 | 40.0% |
| 13 CRAIGIE AVE | 2025-09 | $173,900 | 1,108 | 87.4% |
| 4050 QUAKERBRIDGE ROAD | 2025-10 | $380,000 | 1,134 | 59.9% |
| 152 LAWN PARK AVE | 2025-12 | $244,000 | 1,060 | 62.3% |
| 1208 COLTS CIRCLE | 2025-01 | $295,000 | 1,133 | 49.9% |
| 192 MILLERICK AVE | 2025-09 | $315,000 | 1,534 | 60.5% |
| 755 PURITAN AVE | 2026-01 | $205,000 | 1,424 | 81.4% |
| 2 BARCLAY COURT | 2025-03 | $300,000 | 1,101 | 57.1% |
| 33 VOSCEK COURT | 2025-01 | $330,000 | 1,181 | 43.9% |
| 20 JOYNER COURT | 2025-01 | $295,000 | 1,181 | 49.0% |
| 106 REVIEW AVE | 2025-12 | $225,000 | 1,092 | 98.0% |
| 120 MERILINE AVE | 2026-06 | $273,000 | 1,244 | 60.2% |
Is this your house?
Run your own report →