The Fair Share Report

412 Sinclair Ave

Lacey, NJ 08734

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

≈ $557,668

Likely range $508,624 – $878,635, from 12 comparable Lacey sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.11%

The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $557,668 home should be assessed near $335,214.

Step 3 · Assessed value

$258,200

Set at the last town-wide revaluation and mostly frozen since. That's $77,014 below what the ratio math suggests (23.0%).

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

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

This home's own bill implies $2.638 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,812/yr
Public schools$4,111
Ocean County$1,296
Town of Lacey$1,405
Lacey average$7,904

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

Town median 52.6%
This home · 46.3%

24%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)

AddressSoldPriceSq ftRatio
1007 ALOHA DRIVE2025-09$749,5001,78542.2%
803 ENSIGN DRIVE2025-06$930,0001,76153.3%
724 SANDY HOOK DRIVE2025-07$500,0001,77055.0%
1311 LAKESIDE DRIVE SO2025-04$560,0001,84849.6%
103 FOXWOOD LANE2026-04$505,0001,74454.4%
111 GREENWOOD LANE2026-01$515,0001,84452.4%
110 FOXWOOD LANE2025-06$599,0001,91347.6%
830 DE GUISE STREET2026-05$625,0001,86243.6%
1331 LAUREL BLVD2025-07$1,100,0001,91958.8%
34 MARINER DRIVE2026-02$569,9001,85852.3%
409 SINCLAIR AVENUE2026-01$491,0001,59848.8%
403 JERSEY CITY COURT2026-06$807,0001,72746.2%

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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 →