The Fair Share Report

301 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.

Step 1 · Market value

≈ $402,412

Likely range $372,441 – $443,398, from 12 comparable Lacey sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.11%

The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $402,412 home should be assessed near $241,890.

Step 3 · Assessed value

$175,800

Set at the last town-wide revaluation and mostly frozen since. That's $66,090 below what the ratio math suggests (27.3%).

Step 4 · The tax rate — same for every Lacey home

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

Step 5 · The bill

$4,808/yr
Public schools$2,902
Ocean County$914
Town of Lacey$992
Lacey average$7,904

This home vs. every recent Lacey sale · assessed ÷ market

Town median 52.6%
This home · 43.7%

34%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)

AddressSoldPriceSq ftRatio
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
455 NEWPORT ROAD2026-01$400,0001,16153.7%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
5 HERON COURT2025-05$460,0001,13443.7%
127 DRIFTWOOD LANE2026-06$415,0001,10846.3%
230 MAPLE LANE2025-02$434,9991,24348.3%
303 CHESTNUT DRIVE2026-01$520,0001,21250.4%
455 COMMODORE DRIVE2025-09$389,9001,26852.9%
418 SYCAMORE DRIVE2025-08$420,0001,23245.6%
203 WALNUT DRIVE2025-10$440,0001,19842.3%
2114 PARKSIDE DRIVE2025-05$465,0001,26052.1%
822 TAPPAN STREET2025-12$390,0001,17454.7%

Is this your house?

Run your own report →

Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →