The Fair Share Report

306 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

≈ $404,194

Likely range $355,651 – $435,296, 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 $404,194 home should be assessed near $242,961.

Step 3 · Assessed value

$181,600

Set at the last town-wide revaluation and mostly frozen since. That's $61,361 below what the ratio math suggests (25.3%).

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

$4,967/yr
Public schools$2,997
Ocean County$945
Town of Lacey$1,025
Lacey average$7,904

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

Town median 52.6%
This home · 44.9%

36%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
418 SYCAMORE DRIVE2025-08$420,0001,23245.6%
322 STATION DRIVE2025-02$400,0001,24043.9%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
108 LAWRENCE DRIVE2025-07$310,0001,28054.7%
1827 LONGWOOD DRIVE2026-06$400,0001,27245.7%
819 WINDWARD DRIVE2025-04$750,0001,27148.7%
203 WALNUT DRIVE2025-10$440,0001,19842.3%
509 TAPPAN STREET2026-02$425,0001,29145.1%
455 COMMODORE DRIVE2025-09$389,9001,26852.9%
230 MAPLE LANE2025-02$434,9991,24348.3%
205 SINCLAIR AVENUE2025-02$380,0001,35249.7%

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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 →