The Fair Share Report
5 Devon Pl
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 $348,207 – $503,640, 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 $415,791 home should be assessed near $249,932.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,832 below what the ratio math suggests (27.5%).
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
31%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 |
|---|---|---|---|---|
| 603 BOWSPRIT POINT | 2025-12 | $601,999 | 1,410 | 56.7% |
| 1001 PAINTER POINT | 2026-03 | $630,000 | 1,464 | 46.0% |
| 69 CANTERBURY DRIVE | 2026-04 | $385,000 | 1,405 | 42.8% |
| 14 PORTSMOUTH DRIVE | 2026-01 | $320,000 | 1,405 | 46.3% |
| 38 SHEFFIELD DRIVE | 2025-08 | $328,000 | 1,405 | 47.7% |
| 22 SHEFFIELD DRIVE | 2025-01 | $388,000 | 1,405 | 42.0% |
| 4 KENT COURT | 2026-03 | $410,000 | 1,416 | 42.9% |
| 1988 BROOKDALE DRIVE | 2026-03 | $425,000 | 1,416 | 51.8% |
| 5 CORK PLACE | 2025-06 | $395,000 | 1,416 | 41.6% |
| 1490 CLEARVIEW STREET | 2026-04 | $480,000 | 1,404 | 47.1% |
| 10 HASTINGS COURT | 2025-05 | $430,000 | 1,404 | 54.4% |
| 2127 LLEWELLYN PKWY | 2025-04 | $350,000 | 1,404 | 42.7% |
Is this your house?
Run your own report →