The Fair Share Report

404 Maple St

Lakehurst, NJ 08050

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

≈ $305,261

Likely range $221,839 – $363,066, from 12 comparable Lakehurst sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.72%

The state's official measure of how far Lakehurst assessments sit below market value — republished every October, applied town-wide. A $305,261 home should be assessed near $261,670.

Step 3 · Assessed value

$208,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,670 below what the ratio math suggests (20.5%).

Step 4 · The tax rate — same for every Lakehurst home

$2.297 per $100 assessed

$0.687 Schools · 30% $0.372 County · 16% $1.238 Town · 54%

Step 5 · The bill

$4,778/yr
Public schools$1,429
Ocean County$774
Town of Lakehurst$2,575
Lakehurst average$5,830

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

Town median 71.9%
This home · 68.1%

52%104%

Paying about right

This home's ratio lands inside Lakehurst'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
516 CHESTNUT ST2025-12$280,00091276.3%
616 MAPLE ST2025-05$341,0001,04060.4%
607 WILLOW ST2025-08$375,0001,08064.0%
516 POPLAR ST2026-01$320,00084072.6%
706 MAPLE ST2025-11$250,0001,17082.0%
808 LAUREL ST2025-04$290,0001,15467.6%
309 MANAPAQUA AVE2025-09$346,00075060.5%
809 BIRCH ST2026-03$398,9991,17065.6%
812 OAK ST2026-03$230,0001,17084.0%
311 PINE ST2025-12$400,0001,07364.0%
303 MANAPAQUA AVE2025-11$297,00072068.2%
409 POPLAR ST2025-02$329,00072068.4%

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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 →