The Fair Share Report
28 E Oak Ave
Lawnside, NJ 08045
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 $269,811 – $383,876, from 12 comparable Lawnside 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 Lawnside assessments sit below market value — republished every October, applied town-wide. A $297,866 home should be assessed near $181,668.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,968 below what the ratio math suggests (25.3%).
Step 4 · The tax rate — same for every Lawnside home
$2.467 Schools · 51% $0.943 County · 19% $1.465 Town · 30%
Step 5 · The bill
This home vs. every recent Lawnside sale · assessed ÷ market
30%80%
Paying about right
This home's ratio lands inside Lawnside'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 |
|---|---|---|---|---|
| 94 E OAK AVENUE | 2025-07 | $364,000 | 1,632 | 36.6% |
| 320 ELLIS COURT | 2025-08 | $262,500 | 1,580 | 47.3% |
| 207 JOHN F KENNEDY BLVD | 2025-07 | $412,500 | 1,742 | 40.6% |
| 153 LA PIERRE AV | 2025-01 | $362,000 | 1,944 | 47.1% |
| 108 LA PIERRE AV | 2025-09 | $340,000 | 1,468 | 48.2% |
| 523 CARVER CT | 2026-01 | $350,000 | 2,025 | 45.4% |
| 433 WARWICK ROAD | 2025-07 | $116,500 | 1,424 | 94.3% |
| 327 TILLMAN ST | 2025-04 | $171,000 | 1,416 | 81.5% |
| 59 E OAK AVENUE | 2025-12 | $327,000 | 1,536 | 34.2% |
| 172 E CHARLESTON AVENUE | 2026-01 | $295,000 | 1,784 | 43.9% |
| 477 LEWIS AVENUE | 2025-05 | $237,000 | 1,320 | 55.1% |
| 366 INDEPENDENCE BLVD | 2025-12 | $244,500 | 2,247 | 65.7% |
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