The Fair Share Report
427 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 $363,392 – $423,567, 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 $386,802 home should be assessed near $232,507.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,107 below what the ratio math suggests (26.7%).
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
35%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 |
|---|---|---|---|---|
| 613 TWIN RIVER DRIVE | 2026-01 | $412,000 | 1,143 | 45.8% |
| 105 SHODDA SCHTROSS | 2026-03 | $399,999 | 1,200 | 54.5% |
| 312 BUNNELL PLACE | 2025-09 | $362,000 | 1,032 | 44.9% |
| 127 DRIFTWOOD LANE | 2026-06 | $415,000 | 1,108 | 46.3% |
| 18 CEDAR DRIVE | 2026-04 | $413,000 | 1,101 | 36.7% |
| 5 HERON COURT | 2025-05 | $460,000 | 1,134 | 43.7% |
| 415 SEA BRIGHT ROAD | 2025-10 | $460,000 | 1,326 | 43.6% |
| 1020 TRENTON AVENUE NORTH | 2026-02 | $400,000 | 1,216 | 44.9% |
| 501 ADOLPHUS STREET | 2025-07 | $350,000 | 1,188 | 65.3% |
| 1006 PAINTER POINT | 2025-12 | $550,000 | 1,051 | 58.3% |
| 1415 JAY STREET | 2025-04 | $340,000 | 1,092 | 58.6% |
| 406 HEMLOCK DRIVE | 2025-10 | $430,000 | 1,060 | 66.5% |
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