The Fair Share Report

307 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

≈ $483,477

Likely range $397,463 – $604,892, 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 $483,477 home should be assessed near $290,618.

Step 3 · Assessed value

$225,300

Set at the last town-wide revaluation and mostly frozen since. That's $65,318 below what the ratio math suggests (22.5%).

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

$6,162/yr
Public schools$3,719
Ocean County$1,172
Town of Lacey$1,271
Lacey average$7,904

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

Town median 52.6%
This home · 46.6%

32%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
33 PARKERS POINT BLVD2025-05$590,0001,55252.9%
28 BAYBERRY DRIVE2025-04$325,0001,56673.6%
20 BAYBERRY DRIVE2025-12$485,0001,51754.8%
438 CARR STREET2025-01$385,0001,49665.2%
412 STEUBEN AVENUE2025-08$625,0001,48453.8%
813 SPAR DRIVE2026-04$850,0001,58053.4%
309 LAWRENCE DRIVE2026-06$390,0001,47050.4%
321 LAWRENCE DRIVE2025-06$362,0001,47283.6%
124 OAKWOOD PLACE2026-01$450,0001,49663.0%
330 RIVIERA DRIVE2026-04$470,0001,46438.6%
418 STEUBEN AVENUE2025-10$600,0001,45648.4%
123 OAKWOOD PLACE2026-03$452,5001,62650.4%

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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 →