The Fair Share Report
4 Sunset 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 $553,770 – $807,669, from 12 comparable Lawrence sales in the past 18 months, at this home's 2,550 sq ft.
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 $660,654 home should be assessed near $487,563.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $91,563 below what the ratio math suggests (18.8%).
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
44%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 |
|---|---|---|---|---|
| 16 SUNSET RD | 2025-07 | $625,000 | 2,448 | 66.5% |
| 31 COLONIAL LAKE DR | 2024-12 | $400,000 | 2,298 | 81.0% |
| 8 WOODBURY LANE | 2026-05 | $796,000 | 2,666 | 53.6% |
| 12 OAK PLACE | 2026-02 | $875,000 | 2,742 | 67.4% |
| 3 LAWRENCIA DRIVE | 2025-10 | $625,000 | 2,878 | 69.7% |
| 1 BROMLEY COURT | 2025-02 | $870,000 | 2,728 | 54.6% |
| 259 GLENN AVE | 2025-10 | $430,000 | 2,142 | 65.5% |
| 3 HIGHLAND ROAD | 2025-05 | $1,165,000 | 3,087 | 59.9% |
| 14 EMPRESS LANE | 2026-05 | $494,000 | 2,140 | 61.2% |
| 117 MANITEE AVE | 2025-12 | $405,000 | 2,416 | 58.0% |
| 8 KNOX COURT | 2025-06 | $665,000 | 2,824 | 72.9% |
| 17 VAN KIRK ROAD | 2024-12 | $795,000 | 2,510 | 62.0% |
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