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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$0.687 Schools · 30% $0.372 County · 16% $1.238 Town · 54%
Step 5 · The bill
This home vs. every recent Lakehurst sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 516 CHESTNUT ST | 2025-12 | $280,000 | 912 | 76.3% |
| 616 MAPLE ST | 2025-05 | $341,000 | 1,040 | 60.4% |
| 607 WILLOW ST | 2025-08 | $375,000 | 1,080 | 64.0% |
| 516 POPLAR ST | 2026-01 | $320,000 | 840 | 72.6% |
| 706 MAPLE ST | 2025-11 | $250,000 | 1,170 | 82.0% |
| 808 LAUREL ST | 2025-04 | $290,000 | 1,154 | 67.6% |
| 309 MANAPAQUA AVE | 2025-09 | $346,000 | 750 | 60.5% |
| 809 BIRCH ST | 2026-03 | $398,999 | 1,170 | 65.6% |
| 812 OAK ST | 2026-03 | $230,000 | 1,170 | 84.0% |
| 311 PINE ST | 2025-12 | $400,000 | 1,073 | 64.0% |
| 303 MANAPAQUA AVE | 2025-11 | $297,000 | 720 | 68.2% |
| 409 POPLAR ST | 2025-02 | $329,000 | 720 | 68.4% |
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