The Fair Share Report
409 Pine Tree Dr
Lacey, NJ 07081
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 $476,029 – $712,131, 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 $558,431 home should be assessed near $335,673.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,573 below what the ratio math suggests (23.4%).
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
31%75%
Paying about right
This home's ratio lands inside Lacey'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 |
|---|---|---|---|---|
| 1 SHEFFIELD PLACE | 2025-10 | $330,000 | 1,639 | 50.5% |
| 935 MALLARD DRIVE | 2025-10 | $537,000 | 1,643 | 61.8% |
| 815 ANCHOR DRIVE | 2025-02 | $640,000 | 1,617 | 57.2% |
| 710 HAZELTON AVENUE | 2026-05 | $470,000 | 1,552 | 44.2% |
| 403 JERSEY CITY COURT | 2026-06 | $807,000 | 1,727 | 46.2% |
| 1107 URANUS COURT | 2025-08 | $670,000 | 1,728 | 49.1% |
| 15 PARKERS POINT BLVD | 2025-06 | $590,000 | 1,542 | 59.7% |
| 13 PARKERS POINT BLVD | 2025-12 | $525,000 | 1,539 | 65.4% |
| 1210 ORLANDO DRIVE | 2025-06 | $699,000 | 1,584 | 56.4% |
| 716 BEACH BLVD | 2025-08 | $440,000 | 1,624 | 71.8% |
| 1207 MERCURY COURT | 2025-01 | $830,000 | 1,698 | 37.5% |
| 629 ALPINE STREET | 2025-08 | $440,000 | 1,562 | 48.4% |
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