The Fair Share Report
508 Devoe Ave
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 $389,311 – $633,851, 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 $473,810 home should be assessed near $284,807.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,807 below what the ratio math suggests (14.0%).
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
33%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 |
|---|---|---|---|---|
| 420 CONIFER DRIVE | 2025-08 | $490,000 | 1,468 | 48.5% |
| 412 STEUBEN AVENUE | 2025-08 | $625,000 | 1,484 | 53.8% |
| 321 LAWRENCE DRIVE | 2025-06 | $362,000 | 1,472 | 83.6% |
| 438 CARR STREET | 2025-01 | $385,000 | 1,496 | 65.2% |
| 351 ENTERPRISE DRIVE | 2025-04 | $505,000 | 1,514 | 46.9% |
| 2238 EMERALDA PARK DRIVE | 2025-08 | $440,000 | 1,523 | 60.2% |
| 418 STEUBEN AVENUE | 2025-10 | $600,000 | 1,456 | 48.4% |
| 932 ELWOOD STREET | 2026-03 | $450,000 | 1,413 | 50.7% |
| 20 BAYBERRY DRIVE | 2025-12 | $485,000 | 1,517 | 54.8% |
| 1215 SYLVANIA PLACE | 2025-08 | $570,000 | 1,530 | 46.4% |
| 124 OAKWOOD PLACE | 2026-01 | $450,000 | 1,496 | 63.0% |
| 1001 PAINTER POINT | 2026-03 | $630,000 | 1,464 | 46.0% |
Is this your house?
Run your own report →