The Fair Share Report
3 Devon Pl
Lacey, NJ 08731
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 $323,231 – $500,513, from 12 comparable Lacey 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 Lacey assessments sit below market value — republished every October, applied town-wide. A $414,728 home should be assessed near $249,293.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,293 below what the ratio math suggests (37.0%).
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
26%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 |
|---|---|---|---|---|
| 317 ALPINE STREET | 2025-07 | $490,000 | 1,306 | 42.4% |
| 20 SHEFFIELD DRIVE | 2025-10 | $399,900 | 1,267 | 42.2% |
| 2 TERN COURT | 2025-05 | $490,000 | 1,297 | 44.6% |
| 372 CONSTITUTION DRIVE | 2025-09 | $455,000 | 1,344 | 43.6% |
| 307 HEMLOCK DRIVE | 2025-06 | $425,000 | 1,324 | 45.3% |
| 408 ELIZABETH COURT | 2025-07 | $669,500 | 1,312 | 53.1% |
| 746 MONTAUK DRIVE | 2025-04 | $410,000 | 1,248 | 47.0% |
| 1 CANTERBURY DRIVE | 2026-02 | $200,000 | 1,224 | 76.7% |
| 12 SUSSEX PLACE | 2024-12 | $185,000 | 1,224 | 120.6% |
| 338 CONSTITUTION DRIVE | 2026-05 | $350,000 | 1,298 | 56.9% |
| 1407 HILO BAY DRIVE | 2026-03 | $765,000 | 1,312 | 45.7% |
| 20 NORWICK DRIVE | 2026-06 | $275,000 | 1,224 | 56.1% |
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