The Fair Share Report
522 Devon St
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 $348,831 – $451,446, 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 $397,676 home should be assessed near $239,043.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,743 below what the ratio math suggests (26.2%).
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
34%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 |
|---|---|---|---|---|
| 16 BAYBERRY DRIVE | 2025-08 | $395,000 | 1,203 | 48.9% |
| 322 STATION DRIVE | 2025-02 | $400,000 | 1,240 | 43.9% |
| 418 SYCAMORE DRIVE | 2025-08 | $420,000 | 1,232 | 45.6% |
| 203 WALNUT DRIVE | 2025-10 | $440,000 | 1,198 | 42.3% |
| 930 DEVON STREET | 2025-09 | $400,000 | 1,176 | 43.9% |
| 501 ADOLPHUS STREET | 2025-07 | $350,000 | 1,188 | 65.3% |
| 1827 LONGWOOD DRIVE | 2026-06 | $400,000 | 1,272 | 45.7% |
| 509 TAPPAN STREET | 2026-02 | $425,000 | 1,291 | 45.1% |
| 532 WINDSOR STREET | 2025-09 | $360,000 | 1,246 | 51.2% |
| 635 CHELSEA STREET | 2026-01 | $480,000 | 1,200 | 40.3% |
| 303 CHESTNUT DRIVE | 2026-01 | $520,000 | 1,212 | 50.4% |
| 934 ALPINE STREET | 2025-04 | $445,000 | 1,322 | 44.0% |
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