The Fair Share Report
33 Back Rd
Lawrence, NJ 08345
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 $183,631 – $342,678, from 12 comparable Lawrence 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 Lawrence assessments sit below market value — republished every October, applied town-wide. A $283,431 home should be assessed near $209,767.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,167 below what the ratio math suggests (27.7%).
Step 4 · The tax rate — same for every Lawrence home
$1.214 Schools · 41% $1.092 County · 37% $0.671 Town · 23%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
39%100%
Paying about right
This home's ratio lands inside Lawrence'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 |
|---|---|---|---|---|
| 59 MULFORD AVE | 2025-05 | $180,000 | 1,105 | 80.3% |
| 42 NEWPORT RD. | 2025-02 | $252,500 | 1,094 | 68.2% |
| 568 RAMAH RD | 2024-12 | $255,000 | 1,104 | 57.3% |
| 13163 BUCKSHUTEM RD | 2025-11 | $315,000 | 1,176 | 52.0% |
| 13144 BUCKSHUTEM RD | 2024-12 | $425,000 | 1,387 | 53.0% |
| 3755 CEDARVILLE RD | 2025-02 | $185,000 | 1,008 | 61.7% |
| 3670 CEDARVILLE RD | 2026-05 | $180,000 | 1,424 | 107.9% |
| 4650 DWYER AVE | 2025-08 | $280,000 | 1,224 | 59.9% |
| 101 EAST AVE. | 2025-09 | $140,000 | 1,220 | 40.6% |
| 26 SCARLATO RD | 2025-01 | $350,000 | 1,456 | 54.4% |
| 485 LUMMISTOWN RD. | 2025-04 | $150,000 | 1,141 | 94.1% |
| 3051 HOLLY AVE | 2025-06 | $420,000 | 1,456 | 50.0% |
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