The Fair Share Report
433 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 $158,898 – $223,558, from 12 comparable Lacey sales in the past 18 months, at this home's 450 sq ft.
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 $187,214 home should be assessed near $112,534.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,666 above what the ratio math suggests (28.1%).
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
37%96%
A touch high — worth watching
This home's ratio sits above most of Lacey, but doesn't clear NJ's legal appeal line (69.13%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 811 PENSACOLA ROAD | 2025-02 | $275,000 | 480 | 54.5% |
| 1760 LAKESIDE DR SO | 2026-05 | $255,000 | 672 | 40.8% |
| 1616 TAMIAMI ROAD | 2025-06 | $261,295 | 540 | 41.6% |
| 419 BEACH BLVD | 2026-02 | $310,000 | 624 | 42.4% |
| 809 BEACH BLVD | 2025-11 | $280,000 | 560 | 48.9% |
| 930 TAPPAN STREET | 2026-05 | $230,700 | 732 | 48.5% |
| 104 BAY WAY | 2025-05 | $250,000 | 708 | 51.3% |
| 406 DREW AVENUE | 2025-12 | $315,000 | 688 | 40.2% |
| 1307 KAUAI DRIVE | 2025-05 | $575,000 | 680 | 32.1% |
| 1413 DAYTONA ROAD | 2025-03 | $175,000 | 702 | 33.1% |
| 807 BUENA VISTA ROAD | 2025-06 | $330,000 | 720 | 35.6% |
| 694 DEER HEAD LAKE DR | 2025-04 | $300,000 | 1,053 | 41.2% |
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