The Fair Share Report
620 Devon St
Lacey, NJ 08731
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Lacey's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $380,599 – $457,778, from 12 comparable Lacey sales in the past 18 months, at this home's 1,339 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 $406,102 home should be assessed near $244,108.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,808 below what the ratio math suggests (17.1%).
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
37%75%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 KENT DRIVE | 2025-04 | $425,816 | 1,404 | 49.3% |
| 2 TERN COURT | 2025-05 | $490,000 | 1,297 | 44.6% |
| 408 ELIZABETH COURT | 2025-07 | $669,500 | 1,312 | 53.1% |
| 1490 CLEARVIEW STREET | 2026-04 | $480,000 | 1,404 | 47.1% |
| 10 HASTINGS COURT | 2025-05 | $430,000 | 1,404 | 54.4% |
| 2127 LLEWELLYN PKWY | 2025-04 | $350,000 | 1,404 | 42.7% |
| 4 KENT COURT | 2026-03 | $410,000 | 1,416 | 42.9% |
| 5 CORK PLACE | 2025-06 | $395,000 | 1,416 | 41.6% |
| 38 SHEFFIELD DRIVE | 2025-08 | $328,000 | 1,405 | 47.7% |
| 1515 CLAIR ROAD | 2025-11 | $386,000 | 1,358 | 53.8% |
| 607 RANGER DRIVE | 2026-01 | $750,000 | 1,340 | 53.5% |
| 408 CEDAR DRIVE | 2025-06 | $425,000 | 1,414 | 53.9% |
Is this your house?
Run your own report →