The Fair Share Report
434 Warwick Rd
Lawnside, NJ 08045
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.
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Step 1 · Market value
Likely range $270,936 – $355,786, from 12 comparable Lawnside 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 Lawnside assessments sit below market value — republished every October, applied town-wide. A $319,454 home should be assessed near $194,835.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,835 below what the ratio math suggests (21.5%).
Step 4 · The tax rate — same for every Lawnside home
$2.467 Schools · 51% $0.943 County · 19% $1.465 Town · 30%
Step 5 · The bill
This home vs. every recent Lawnside sale · assessed ÷ market
34%80%
Paying about right
This home's ratio lands inside Lawnside'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 |
|---|---|---|---|---|
| 153 LA PIERRE AV | 2025-01 | $362,000 | 1,944 | 47.1% |
| 26 CENTER OAK AVENUE | 2026-04 | $315,000 | 1,839 | 43.1% |
| 12 INDEPENDENCE AVENUE | 2026-04 | $265,000 | 1,773 | 51.5% |
| 523 CARVER CT | 2026-01 | $350,000 | 2,025 | 45.4% |
| 511 ELLIS AVENUE | 2025-12 | $355,000 | 1,892 | 43.7% |
| 21 E HEMMINGS WAY | 2025-07 | $322,500 | 2,081 | 47.6% |
| 207 JOHN F KENNEDY BLVD | 2025-07 | $412,500 | 1,742 | 40.6% |
| 200 INDEPENDENCE BLVD | 2025-05 | $200,000 | 2,068 | 74.3% |
| 94 E OAK AVENUE | 2025-07 | $364,000 | 1,632 | 36.6% |
| 59 E OAK AVENUE | 2025-12 | $327,000 | 1,536 | 34.2% |
| 36 MOTT STREET | 2026-03 | $190,000 | 1,536 | 64.0% |
| 320 ELLIS COURT | 2025-08 | $262,500 | 1,580 | 47.3% |
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