The Fair Share Report
205 Sinclair Ave
Lacey, NJ 08734
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.
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Step 1 · Market value
Likely range $397,647 – $494,514, from 12 comparable Lacey sales in the past 18 months, at this home's 1,352 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $437,264 home should be assessed near $262,839.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,139 below what the ratio math suggests (28.2%).
Step 4 · The tax rate — same for every Lacey home
$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%
Step 5 · The bill
This home vs. every recent Lacey sale · assessed ÷ market
33%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 918 LAKESIDE DRIVE NO | 2026-01 | $430,000 | 1,357 | 49.6% |
| 822 DEVON STREET | 2026-03 | $435,000 | 1,345 | 55.2% |
| 612 DEERHEAD LAKE DRIVE | 2025-07 | $500,000 | 1,367 | 51.5% |
| 1012 EAST PANAMA COURT | 2025-11 | $425,000 | 1,404 | 55.4% |
| 119 DRIFTWOOD LANE | 2025-12 | $395,000 | 1,384 | 51.0% |
| 934 ALPINE STREET | 2025-04 | $445,000 | 1,322 | 44.0% |
| 1108 ALBATROSS COURT | 2025-06 | $600,000 | 1,315 | 47.1% |
| 1305 BULLARD AVENUE | 2025-06 | $394,835 | 1,388 | 48.4% |
| 634 FAIRVIEW LANE | 2026-02 | $634,900 | 1,356 | 62.5% |
| 607 RANGER DRIVE | 2026-01 | $750,000 | 1,340 | 53.5% |
| 108 LAWRENCE DRIVE | 2025-07 | $310,000 | 1,280 | 54.7% |
| 9 HOLLYWOOD BLVD SO | 2025-11 | $475,000 | 1,413 | 58.6% |
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