The Fair Share Report
408 Devon St
Lacey, NJ 08731
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 $799,579 – $1,006,560, from 12 comparable Lacey 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 Lacey assessments sit below market value — republished every October, applied town-wide. A $860,293 home should be assessed near $517,122.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $174,422 below what the ratio math suggests (33.7%).
Step 4 · The tax rate — same for every Lacey home
$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%
Step 5 · The bill
This home vs. every recent Lacey sale · assessed ÷ market
29%75%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lacey pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 503 DUGOUT DRIVE | 2025-06 | $860,000 | 2,412 | 48.7% |
| 830 FOREPEAK DRIVE | 2025-08 | $975,000 | 2,288 | 59.6% |
| 718 AMHERST ROAD | 2026-06 | $780,000 | 2,301 | 45.6% |
| 1306 WICKFORD LANE | 2025-08 | $1,050,000 | 2,446 | 57.3% |
| 1005 PLIMSOLL POINT | 2026-02 | $806,000 | 2,394 | 54.4% |
| 107 FERNWOOD LANE | 2025-12 | $710,000 | 2,166 | 49.6% |
| 816 BOWLINE DRIVE | 2026-05 | $890,000 | 2,272 | 52.6% |
| 229 CHEROKEE TRAIL | 2025-01 | $450,000 | 2,462 | 67.4% |
| 1030 MONTAUK DRIVE | 2025-09 | $1,050,000 | 2,617 | 55.3% |
| 953 CAPSTAN DRIVE | 2025-10 | $1,040,000 | 2,534 | 54.4% |
| 1266 CAPSTAN DRIVE | 2025-01 | $860,000 | 2,370 | 51.9% |
| 1026 CHELSEA STREET | 2025-12 | $644,900 | 2,236 | 56.5% |
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