The Fair Share Report
2 Second St
Lakehurst, NJ 08701
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 $190,284 – $257,697, from 9 comparable Lakehurst 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 Lakehurst assessments sit below market value — republished every October, applied town-wide. A $220,096 home should be assessed near $188,666.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,966 below what the ratio math suggests (22.8%).
Step 4 · The tax rate — same for every Lakehurst home
$0.687 Schools · 30% $0.372 County · 16% $1.238 Town · 54%
Step 5 · The bill
This home vs. every recent Lakehurst sale · assessed ÷ market
51%104%
Paying about right
This home's ratio lands inside Lakehurst'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 |
|---|---|---|---|---|
| 514 CEDAR ST | 2025-06 | $250,000 | 627 | 67.6% |
| 1 SECOND ST | 2026-01 | $220,000 | 624 | 73.9% |
| 615 OAK ST | 2025-03 | $250,000 | 480 | 67.4% |
| 409 POPLAR ST | 2025-02 | $329,000 | 720 | 68.4% |
| 303 MANAPAQUA AVE | 2025-11 | $297,000 | 720 | 68.2% |
| 309 MANAPAQUA AVE | 2025-09 | $346,000 | 750 | 60.5% |
| 103 LILAC ST | 2026-02 | $295,000 | 900 | 65.9% |
| 516 CHESTNUT ST | 2025-12 | $280,000 | 912 | 76.3% |
| 516 POPLAR ST | 2026-01 | $320,000 | 840 | 72.6% |
Is this your house?
Run your own report →