The Fair Share Report
5684 Ruby Ave
Lawrence, NJ 08332
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 $290,500 – $320,452, from 12 comparable Lawrence sales in the past 18 months, at this home's 1,344 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Lawrence assessments sit below market value — republished every October, applied town-wide. A $307,451 home should be assessed near $227,544.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,944 below what the ratio math suggests (22.8%).
Step 4 · The tax rate — same for every Lawrence home
$1.214 Schools · 41% $1.092 County · 37% $0.671 Town · 23%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
40%100%
Paying about right
This home's ratio lands inside Lawrence'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 |
|---|---|---|---|---|
| 4650 DWYER AVE | 2025-08 | $280,000 | 1,224 | 59.9% |
| 3030 GARFIELD AVE | 2026-06 | $254,330 | 1,144 | 41.3% |
| 3014 MARTIN AVE | 2026-02 | $360,000 | 1,556 | 51.2% |
| 3014 MARTIN AVE | 2025-08 | $371,000 | 1,556 | 49.7% |
| 5721 ROBBINS AVE | 2025-08 | $258,000 | 1,692 | 86.2% |
| 50 ROYAL AVE | 2025-10 | $300,000 | 1,440 | 55.6% |
| 3040 LEXINGTON AVE | 2025-05 | $370,000 | 1,612 | 60.5% |
| 3051 HOLLY AVE | 2025-06 | $420,000 | 1,456 | 50.0% |
| 50 NORTH AVE. | 2025-07 | $399,900 | 1,780 | 65.3% |
| 3670 CEDARVILLE RD | 2026-05 | $180,000 | 1,424 | 107.9% |
| 13163 BUCKSHUTEM RD | 2025-11 | $315,000 | 1,176 | 52.0% |
| 297 FACTORY ROAD | 2026-01 | $389,000 | 1,736 | 54.2% |
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