The Fair Share Report
5 River Run
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $361,386 – $534,162, from 6 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 $514,595 home should be assessed near $313,851.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,149 above what the ratio math suggests (13.1%).
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%104%
A touch high — worth watching
This home's ratio sits above most of Lawnside, but doesn't clear NJ's legal appeal line (70.14%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 407 COMPANY STREET | 2026-03 | $450,000 | 2,104 | 59.7% |
| 52 RIVER RUN | 2025-05 | $625,000 | 4,176 | 68.1% |
| 358 QUAKER ROAD | 2026-01 | $380,000 | 2,620 | 52.4% |
| 366 INDEPENDENCE BLVD | 2025-12 | $244,500 | 2,247 | 65.7% |
| 253 HEANEY AVENUE | 2025-03 | $290,000 | 2,372 | 50.6% |
| 157 ASHLAND AVENUE | 2025-04 | $238,500 | 2,300 | 50.9% |
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