The Fair Share Report

610 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.

Step 1 · Market value

≈ $926,322

Likely range $811,778 – $1,296,672, from 12 comparable Lacey sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.11%

The state's official measure of how far Lacey assessments sit below market value — republished every October, applied town-wide. A $926,322 home should be assessed near $556,812.

Step 3 · Assessed value

$467,600

Set at the last town-wide revaluation and mostly frozen since. That's $89,212 below what the ratio math suggests (16.0%).

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

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

Step 5 · The bill

$12,789/yr
Public schools$7,718
Ocean County$2,432
Town of Lacey$2,638
Lacey average$7,904

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

Town median 52.6%
This home · 50.5%

31%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)

AddressSoldPriceSq ftRatio
172 AMBERMIST WAY2025-06$750,0003,21059.6%
166 AMBERMIST WAY2026-06$777,0003,20261.8%
52 AMBERMIST WAY2025-06$780,0002,85357.6%
604 KIMBERLY COURT2025-08$1,339,0003,24852.6%
5 HAMPTONSHIRE WAY2025-11$785,0003,08956.9%
3 FARNHAM COURT2025-09$780,0002,77456.6%
1022 CENTER STREET2025-12$675,0002,94456.3%
161 ARBORRIDGE DRIVE2025-09$760,0003,02559.3%
148 ARBORRIDGE DRIVE2026-02$785,0002,79453.9%
812 CLAIRMORE AVENUE2025-08$1,150,0002,75851.7%
1508 BEACH BLVD2025-11$1,450,0003,15263.4%
834 LAUREL BLVD2025-05$1,150,0003,05053.1%

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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 →