The Fair Share Report

1613 Pershing Ave

Lacey, NJ 08050

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.

Step 1 · Market value

≈ $397,506

Likely range $336,322 – $422,938, from 12 comparable Lacey sales in the past 18 months, at this home's 1,010 sq ft.

Step 2 · The Director's Ratio

60.11%

The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $397,506 home should be assessed near $238,941.

Step 3 · Assessed value

$201,100

Set at the last town-wide revaluation and mostly frozen since. That's $37,841 below what the ratio math suggests (15.8%).

Step 4 · The tax rate — same for every Lacey home

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

Step 5 · The bill

$5,500/yr
Public schools$3,319
Ocean County$1,046
Town of Lacey$1,135
Lacey average$7,904

This home vs. every recent Lacey sale · assessed ÷ market

Town median 52.6%
This home · 50.6%

37%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)

AddressSoldPriceSq ftRatio
476 LAKE BARNEGAT DRIVE2025-10$399,00099654.7%
4 CLUBHOUSE CIRCLE2025-10$419,5001,04045.2%
536 DEVON STREET2025-05$190,00096069.0%
3 MELWEN DRIVE2025-12$395,00099250.0%
1533 ARIENT ROAD2026-01$402,00096042.4%
1006 PAINTER POINT2025-12$550,0001,05158.3%
1020 CLUBHOUSE DRIVE2025-06$325,0001,04453.8%
423 CEDAR DRIVE2025-02$475,0001,00948.1%
113 LAWRENCE DRIVE2025-07$339,0001,04048.9%
2122 PINEVIEW ROAD2025-03$439,00095245.4%
1436 LEGUENE AVENUE2025-10$330,00099046.4%
418 RIVERVIEW ROAD2025-03$340,00096054.4%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →