The Fair Share Report
159 N Ave
Lawrence, NJ 08302
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 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.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
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
The record, in full
Not enough closely-comparable recent sales in Lawrence for a fairness verdict — the town's current median assessment ratio is 57.3%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 544 NEWPORT RD | 2025-05 | $180,000 | 704 | 51.6% |
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