The Fair Share Report
431 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 $343,620 – $499,744, 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 $406,213 home should be assessed near $244,175.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,075 below what the ratio math suggests (28.7%).
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
29%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 |
|---|---|---|---|---|
| 584 VAUGHN AVENUE | 2025-06 | $268,000 | 1,170 | 45.2% |
| 303 CONSTITUTION DRIVE | 2025-02 | $365,000 | 1,332 | 45.1% |
| 614 BEACH BLVD | 2025-07 | $211,000 | 1,352 | 67.6% |
| 107 SEA BRIGHT ROAD | 2025-07 | $380,000 | 1,268 | 44.9% |
| 827 LEEWARD DRIVE | 2025-09 | $550,000 | 1,470 | 60.4% |
| 20 SHEFFIELD DRIVE | 2025-10 | $399,900 | 1,267 | 42.2% |
| 622 OAKWOOD DRIVE | 2025-03 | $436,000 | 1,362 | 42.9% |
| 694 DEER HEAD LAKE DR | 2025-04 | $300,000 | 1,053 | 41.2% |
| 1616 BEACH BLVD | 2026-04 | $590,000 | 1,092 | 66.7% |
| 42 CANTERBURY DRIVE | 2026-01 | $318,750 | 1,224 | 50.4% |
| 105 SHODDA SCHTROSS | 2026-03 | $399,999 | 1,200 | 54.5% |
| 2 TERN COURT | 2025-05 | $490,000 | 1,297 | 44.6% |
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