The Fair Share Report
47 Irwin Pl
Lawrence, NJ 08648
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 $393,606 – $814,161, from 12 comparable Lawrence 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 Lawrence assessments sit below market value — republished every October, applied town-wide. A $734,753 home should be assessed near $542,248.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $176,148 below what the ratio math suggests (32.5%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
40%98%
Paying about right
This home's ratio lands inside Lawrence'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 |
|---|---|---|---|---|
| 3 VENTANA COURT | 2026-04 | $500,000 | 2,647 | 69.9% |
| 28 SCHINDLER COURT | 2025-09 | $493,000 | 2,647 | 73.8% |
| 14 DOGLEG LANE | 2025-09 | $985,000 | 2,837 | 53.5% |
| 4 SCHINDLER COURT | 2025-12 | $490,000 | 2,647 | 74.2% |
| 36 BIRDIE WAY | 2026-04 | $950,000 | 2,837 | 55.0% |
| 4 DOGLEG LANE | 2026-01 | $753,375 | 2,644 | 67.0% |
| 43 PRATT LANE | 2025-10 | $705,000 | 1,766 | 67.0% |
| 31 YORKSHIRE VILLAGE RD | 2025-05 | $700,000 | 2,008 | 52.9% |
| 30 KARENA LANE | 2025-05 | $685,000 | 2,210 | 55.0% |
| 5 SAINT ANDREWS AVENUE | 2026-06 | $790,000 | 2,644 | 61.1% |
| 40 DOGLEG LANE | 2025-01 | $812,500 | 2,644 | 59.4% |
| 11 SAINT ANDREWS AVENUE | 2025-11 | $887,000 | 2,654 | 55.9% |
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