The Fair Share Report
271 Eldridge Ave
Lawrence, NJ 08648
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 $327,610 – $385,423, 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 $349,045 home should be assessed near $257,595.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $85,695 below what the ratio math suggests (33.3%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
39%90%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lawrence pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1302 GOLDEN PLACE | 2025-12 | $335,000 | 1,325 | 56.1% |
| 54 DANIELLE COURT | 2025-05 | $419,000 | 1,300 | 58.3% |
| 86 O'NEILL COURT | 2025-07 | $347,000 | 1,296 | 52.7% |
| 25 SYCAMORE COURT | 2025-04 | $329,000 | 1,312 | 53.1% |
| 902 SEA PLACE | 2026-03 | $360,000 | 1,254 | 50.7% |
| 711 SKY COURT | 2025-06 | $325,000 | 1,230 | 55.5% |
| 311 AMERICAN EAGLE COURT | 2025-03 | $360,000 | 1,230 | 50.1% |
| 32 DREWES COURT | 2025-03 | $368,000 | 1,438 | 50.0% |
| 74 DREWES COURT | 2025-01 | $355,000 | 1,438 | 50.9% |
| 33 VOSCEK COURT | 2025-01 | $330,000 | 1,181 | 43.9% |
| 20 JOYNER COURT | 2025-01 | $295,000 | 1,181 | 49.0% |
| 2 BARCLAY COURT | 2025-03 | $300,000 | 1,101 | 57.1% |
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