The Fair Share Report
33 Johnson Rd
Lawrence, NJ 08648
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 $380,036 – $518,944, 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 $456,299 home should be assessed near $336,749.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,049 below what the ratio math suggests (18.4%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
45%90%
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 |
|---|---|---|---|---|
| 967 LANNING AVE | 2025-06 | $280,000 | 1,734 | 109.7% |
| 160 MILLERICK AVE | 2026-03 | $433,000 | 1,654 | 55.8% |
| 94 FRANKLIN CORNER RD | 2025-08 | $400,000 | 1,774 | 67.5% |
| 150 GAINSBORO RD | 2025-09 | $310,000 | 1,604 | 80.2% |
| 32 LAWNSIDE DR | 2025-04 | $480,000 | 1,646 | 64.0% |
| 80 BERWYN PL | 2025-10 | $300,000 | 1,599 | 76.4% |
| 2931 MAIN STREET | 2025-02 | $630,000 | 1,977 | 60.5% |
| 38 COLONIAL LAKE DR | 2025-04 | $446,000 | 1,690 | 49.7% |
| 81 LEWISVILLE ROAD | 2025-06 | $475,000 | 1,828 | 65.0% |
| 1 CARSON RD | 2025-10 | $540,000 | 1,699 | 69.6% |
| 242 FIELDBORO DR | 2025-12 | $441,000 | 1,536 | 55.3% |
| 16 STONICKER DR | 2025-05 | $615,000 | 2,030 | 49.5% |
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