The Fair Share Report

413 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

≈ $532,962

Likely range $455,463 – $709,477, 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 $532,962 home should be assessed near $320,363.

Step 3 · Assessed value

$258,800

Set at the last town-wide revaluation and mostly frozen since. That's $61,563 below what the ratio math suggests (19.2%).

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%

Step 5 · The bill

$7,078/yr
Public schools$4,272
Ocean County$1,346
Town of Lacey$1,460
Lacey average$7,904

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

Town median 52.6%
This home · 48.6%

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)

AddressSoldPriceSq ftRatio
1161 LAUREL BLVD2025-02$841,0001,87457.6%
416 IRONS STREET2025-12$480,0001,80049.7%
1 SHEFFIELD PLACE2025-10$330,0001,63950.5%
34 MARINER DRIVE2026-02$569,9001,85852.3%
602 DREW AVENUE2026-03$450,0001,70158.7%
103 FOXWOOD LANE2026-04$505,0001,74454.4%
1107 URANUS COURT2025-08$670,0001,72849.1%
403 JERSEY CITY COURT2026-06$807,0001,72746.2%
1007 ALOHA DRIVE2025-09$749,5001,78542.2%
935 MALLARD DRIVE2025-10$537,0001,64361.8%
503 CROSSWICK AVENUE2026-06$542,0001,69644.7%
301 CHESTNUT DRIVE2026-03$510,0001,68846.1%

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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 →