The Fair Share Report
528 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 $442,722 – $625,465, 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 $514,791 home should be assessed near $309,441.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,241 below what the ratio math suggests (8.2%).
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
37%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 |
|---|---|---|---|---|
| 720 WEEHAWKEN AVENUE | 2025-10 | $385,000 | 1,992 | 67.2% |
| 500 BUTTONWOOD DRIVE | 2025-05 | $420,000 | 2,012 | 69.2% |
| 510 TEAKWOOD DRIVE | 2025-04 | $471,000 | 2,012 | 50.3% |
| 421 STEUBEN AVENUE | 2025-07 | $522,500 | 1,996 | 53.4% |
| 327 LAWRENCE DRIVE | 2025-02 | $657,500 | 1,963 | 42.4% |
| 508 BUTTONWOOD DRIVE | 2025-08 | $415,000 | 2,012 | 58.3% |
| 1615 SOMMERELL AVENUE | 2025-05 | $487,000 | 1,875 | 52.2% |
| 956 KEARNY AVENUE | 2025-03 | $440,000 | 1,908 | 56.1% |
| 504 CEDARWOOD DRIVE | 2025-07 | $460,000 | 2,012 | 50.2% |
| 1020 SARASOTA DRIVE | 2025-11 | $600,000 | 1,952 | 48.1% |
| 10 DOLPHIN COURT | 2026-04 | $895,000 | 2,082 | 47.3% |
| 1125 SKIFF WAY DRIVE | 2025-04 | $627,500 | 1,968 | 64.3% |
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