The Fair Share Report

6 Hyde Ct

Lawrence, NJ 08648

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.

Step 1 · Market value

≈ $490,844

Likely range $469,053 – $809,627, from 12 comparable Lawrence sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

73.80%

The state's official measure of how far Lawrence assessments sit below market value — republished every October, applied town-wide. A $490,844 home should be assessed near $362,243.

Step 3 · Assessed value

$406,400

Set at the last town-wide revaluation and mostly frozen since. That's $44,157 above what the ratio math suggests (12.2%).

Step 4 · The tax rate — same for every Lawrence home

$3.164 per $100 assessed

$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%

Step 5 · The bill

$12,863/yr
Public schools$6,858
Mercer County$3,232
Town of Lawrence$2,773
Lawrence average$9,151

This home vs. every recent Lawrence sale · assessed ÷ market

Town median 60.1%
This home · 82.8%

45%92%

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)

AddressSoldPriceSq ftRatio
4 SCHINDLER COURT2025-12$490,0002,64774.2%
28 SCHINDLER COURT2025-09$493,0002,64773.8%
3 VENTANA COURT2026-04$500,0002,64769.9%
1 BROMLEY COURT2025-02$870,0002,72854.6%
74 SCHINDLER COURT2026-02$549,0002,93869.6%
34 SCHINDLER COURT2026-01$560,0002,93871.0%
86 SCHINDLER COURT2026-05$545,0012,98271.4%
6 ALLURA COURT2026-03$570,0002,93870.7%
8 WOODBURY LANE2026-05$796,0002,66653.6%
30 KARENA LANE2025-05$685,0002,21055.0%
31 YORKSHIRE VILLAGE RD2025-05$700,0002,00852.9%
47 WOODMONT DRIVE2025-05$525,0002,15458.0%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →