The Fair Share Report

5 Danielle Ct

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.

Step 1 · Market value

≈ $429,852

Likely range $414,205 – $500,445, from 12 comparable Lawrence sales in the past 18 months, at this home's 1,677 sq ft.

Step 2 · The Director's Ratio

73.80%

The state's official measure of how far Lawrence assessments sit below market value — republished every October, applied town-wide. A $429,852 home should be assessed near $317,231.

Step 3 · Assessed value

$272,700

Set at the last town-wide revaluation and mostly frozen since. That's $44,531 below what the ratio math suggests (14.0%).

Step 4 · The tax rate — same for every Lawrence home

$3.164 per $100 assessed

$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%

This home's own bill implies $3.051 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,321/yr
Public schools$4,437
Mercer County$2,091
Town of Lawrence$1,794
Lawrence average$9,151

This home vs. every recent Lawrence sale · assessed ÷ market

Town median 60.1%
This home · 63.4%

45%90%

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)

AddressSoldPriceSq ftRatio
3 DANIELLE COURT2025-05$510,0001,67752.4%
9 VILLAGE COURT2025-01$490,0001,64252.0%
36 VIBURNUM COURT2026-04$400,0001,62051.4%
27 WOODMONT DRIVE2025-11$460,0001,59056.2%
26 JACKIE DRIVE2025-02$485,0001,59052.1%
24 PAGODA COURT2025-05$439,0001,74057.1%
13 PAGODA COURT2025-05$446,0001,74055.3%
7 O'NEILL COURT2025-12$400,0001,80452.0%
11 MARVIN COURT2025-11$449,0001,76665.7%
32 DREWES COURT2025-03$368,0001,43850.0%
74 DREWES COURT2025-01$355,0001,43850.9%
38 COLONIAL LAKE DR2025-04$446,0001,69049.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →