The Fair Share Report

308 Sinclair Ave

Lacey, NJ 08757

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

≈ $375,538

Likely range $351,877 – $446,986, 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 $375,538 home should be assessed near $225,736.

Step 3 · Assessed value

$161,900

Set at the last town-wide revaluation and mostly frozen since. That's $63,836 below what the ratio math suggests (28.3%).

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

$4,428/yr
Public schools$2,672
Ocean County$842
Town of Lacey$913
Lacey average$7,904

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

Town median 52.6%
This home · 43.1%

31%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Lacey pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
127 DRIFTWOOD LANE2026-06$415,0001,10846.3%
1006 PAINTER POINT2025-12$550,0001,05158.3%
5 HERON COURT2025-05$460,0001,13443.7%
113 LAWRENCE DRIVE2025-07$339,0001,04048.9%
455 NEWPORT ROAD2026-01$400,0001,16153.7%
1020 CLUBHOUSE DRIVE2025-06$325,0001,04453.8%
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
3 MELWEN DRIVE2025-12$395,00099250.0%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
418 SYCAMORE DRIVE2025-08$420,0001,23245.6%
203 WALNUT DRIVE2025-10$440,0001,19842.3%
406 HEMLOCK DRIVE2025-10$430,0001,06066.5%

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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 →