The Fair Share Report

620 Pine St

Lacey, NJ 08734

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

≈ $444,691

Likely range $354,799 – $463,932, from 12 comparable Lacey sales in the past 18 months, at this home's 1,228 sq ft.

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 $444,691 home should be assessed near $267,304.

Step 3 · Assessed value

$190,800

Set at the last town-wide revaluation and mostly frozen since. That's $76,504 below what the ratio math suggests (28.6%).

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

$5,218/yr
Public schools$3,149
Ocean County$993
Town of Lacey$1,077
Lacey average$7,904

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

Town median 52.6%
This home · 42.9%

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)

AddressSoldPriceSq ftRatio
20 NORWICK DRIVE2026-06$275,0001,22456.1%
1 CANTERBURY DRIVE2026-02$200,0001,22476.7%
12 SUSSEX PLACE2024-12$185,0001,224120.6%
202 WALNUT DRIVE2025-01$436,0001,20452.8%
746 MONTAUK DRIVE2025-04$410,0001,24847.0%
317 ALPINE STREET2025-07$490,0001,30642.4%
303 CHESTNUT DRIVE2026-01$520,0001,21250.4%
681 DEERHEAD LAKE DR2025-10$480,0001,21251.5%
118 HEMLOCK DRIVE2026-03$440,0001,18844.0%
307 HEMLOCK DRIVE2025-06$425,0001,32445.3%
2 TERN COURT2025-05$490,0001,29744.6%
20 BAY WAY2025-10$352,0001,15257.2%

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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 →