The Fair Share Report
418 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 $353,350 – $577,167, 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 $406,011 home should be assessed near $244,053.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $108,753 below what the ratio math suggests (44.6%).
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
18%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 |
|---|---|---|---|---|
| 127 DRIFTWOOD LANE | 2026-06 | $415,000 | 1,108 | 46.3% |
| 1006 PAINTER POINT | 2025-12 | $550,000 | 1,051 | 58.3% |
| 705 ROANOKE DRIVE | 2025-12 | $450,000 | 1,080 | 57.5% |
| 5 HERON COURT | 2025-05 | $460,000 | 1,134 | 43.7% |
| 1006 INLAND ROAD | 2025-01 | $325,000 | 976 | 48.9% |
| 3 MELWEN DRIVE | 2025-12 | $395,000 | 992 | 50.0% |
| 501 ADOLPHUS STREET | 2025-07 | $350,000 | 1,188 | 65.3% |
| 714 RICHMOND DRIVE | 2025-03 | $630,000 | 1,152 | 49.1% |
| 1436 LEGUENE AVENUE | 2025-10 | $330,000 | 990 | 46.4% |
| 16 BAYBERRY DRIVE | 2025-08 | $395,000 | 1,203 | 48.9% |
| 922 CAPSTAN DRIVE | 2025-06 | $530,000 | 1,040 | 46.3% |
| 312 BUNNELL PLACE | 2025-09 | $362,000 | 1,032 | 44.9% |
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