The Fair Share Report
159 Main St
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 $172,646 – $416,146, 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 $325,026 home should be assessed near $240,552.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,752 below what the ratio math suggests (21.1%).
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%115%
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 |
|---|---|---|---|---|
| 380 MAIN ST | 2026-01 | $250,000 | 1,836 | 59.7% |
| 329 MAIN ST. | 2026-04 | $240,000 | 2,135 | 73.5% |
| 26 FRANKLIN ST | 2025-11 | $105,000 | 1,368 | 127.4% |
| 3359 CEDARVILLE RD | 2026-03 | $280,000 | 1,536 | 55.0% |
| 226 MAIN ST. | 2025-03 | $202,500 | 2,732 | 83.8% |
| 5685 NORRIS AVE | 2026-05 | $420,000 | 1,832 | 54.0% |
| 11 BETA LANE | 2026-04 | $275,000 | 1,288 | 45.5% |
| 50 ROYAL AVE | 2025-10 | $300,000 | 1,440 | 55.6% |
| 50 NORTH AVE. | 2025-07 | $399,900 | 1,780 | 65.3% |
| 107 MAIN ST | 2026-05 | $148,000 | 1,424 | 89.7% |
| 5721 ROBBINS AVE | 2025-08 | $258,000 | 1,692 | 86.2% |
| 297 FACTORY ROAD | 2026-01 | $389,000 | 1,736 | 54.2% |
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