The Fair Share Report
615 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 $315,109 – $405,682, from 12 comparable Lacey sales in the past 18 months, at this home's 1,050 sq ft.
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 $376,031 home should be assessed near $226,032.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,432 below what the ratio math suggests (26.3%).
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
36%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 |
|---|---|---|---|---|
| 127 LAKESIDE DR EAST | 2026-03 | $220,000 | 968 | 82.7% |
| 414 NANTUCKET ROAD | 2026-06 | $425,500 | 960 | 49.8% |
| 31 TITANIC ROAD | 2026-05 | $355,000 | 1,104 | 51.7% |
| 1024 SARASOTA DRIVE | 2025-06 | $430,000 | 1,152 | 45.0% |
| 730 PALM BEACH DRIVE | 2025-03 | $325,000 | 960 | 50.9% |
| 2095 LLEWELLYN PKWY | 2025-11 | $365,000 | 966 | 45.5% |
| 20 BAY WAY | 2025-10 | $352,000 | 1,152 | 57.2% |
| 809 CLIFTON STREET | 2026-01 | $343,800 | 960 | 46.5% |
| 801 LAKESIDE DRIVE NO | 2025-01 | $445,000 | 1,111 | 49.3% |
| 2009 BROOKDALE DRIVE | 2025-08 | $289,900 | 966 | 42.0% |
| 635 CHELSEA STREET | 2026-01 | $480,000 | 1,200 | 40.3% |
| 13 NAUTILUS BLVD | 2025-07 | $425,000 | 1,100 | 52.0% |
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