The Fair Share Report
6 Ruby Ct
Lakewood, NJ 08701
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 $592,844 – $898,793, from 12 comparable Lakewood sales in the past 18 months, at this home's 2,200 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Lakewood assessments sit below market value — republished every October, applied town-wide. A $732,337 home should be assessed near $382,793.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,707 above what the ratio math suggests (2.0%).
Step 4 · The tax rate — same for every Lakewood home
$1.026 Schools · 42% $0.600 County · 24% $0.835 Town · 34%
Step 5 · The bill
This home vs. every recent Lakewood sale · assessed ÷ market
31%71%
Paying about right
This home's ratio lands inside Lakewood'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 |
|---|---|---|---|---|
| 402 2ND STREET | 2025-07 | $950,000 | 2,212 | 47.0% |
| 23 SANDHURST ROAD | 2026-03 | $735,000 | 2,208 | 38.4% |
| 14 WINDING RIVER ROAD | 2026-01 | $710,000 | 2,208 | 34.9% |
| 23 SANDHURST ROAD | 2025-02 | $595,000 | 2,208 | 47.4% |
| 54 FOXWOOD ROAD | 2025-08 | $825,000 | 2,220 | 35.2% |
| 52 ROSEWOOD DRIVE | 2025-10 | $789,000 | 2,196 | 37.3% |
| 44 IVY HILL ROAD | 2025-08 | $460,000 | 2,232 | 66.7% |
| 35 ROSEWOOD DRIVE | 2025-07 | $589,000 | 2,232 | 48.6% |
| 46 SKYLINE DRIVE | 2025-07 | $651,000 | 2,232 | 44.9% |
| 303 SOUTH PARK AVENUE | 2025-02 | $955,000 | 2,176 | 44.4% |
| 65 NORTH CREST PLACE | 2025-01 | $690,000 | 2,180 | 50.3% |
| 24 EAST 9TH STREET | 2026-03 | $835,000 | 2,225 | 52.6% |
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