The Fair Share Report
604 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 $400,574 – $499,352, 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 $435,525 home should be assessed near $261,794.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,994 below what the ratio math suggests (24.8%).
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 |
|---|---|---|---|---|
| 412 CHESTNUT DRIVE | 2025-11 | $477,500 | 1,323 | 45.5% |
| 607 RANGER DRIVE | 2026-01 | $750,000 | 1,340 | 53.5% |
| 918 LAKESIDE DRIVE NO | 2026-01 | $430,000 | 1,357 | 49.6% |
| 416 CHESTNUT DRIVE | 2026-06 | $430,000 | 1,323 | 45.4% |
| 612 DEERHEAD LAKE DRIVE | 2025-07 | $500,000 | 1,367 | 51.5% |
| 1912 SERPENTINE DRIVE | 2025-07 | $375,000 | 1,291 | 48.2% |
| 1012 EAST PANAMA COURT | 2025-11 | $425,000 | 1,404 | 55.4% |
| 119 DRIFTWOOD LANE | 2025-12 | $395,000 | 1,384 | 51.0% |
| 205 SINCLAIR AVENUE | 2025-02 | $380,000 | 1,352 | 49.7% |
| 810 DEVON STREET | 2025-10 | $475,000 | 1,470 | 46.5% |
| 307 HEMLOCK DRIVE | 2025-06 | $425,000 | 1,324 | 45.3% |
| 934 ALPINE STREET | 2025-04 | $445,000 | 1,322 | 44.0% |
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