The Fair Share Report
623 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 $374,363 – $507,780, 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 $460,755 home should be assessed near $276,960.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,360 below what the ratio math suggests (27.9%).
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 |
|---|---|---|---|---|
| 228 SUNSET DRIVE | 2025-03 | $500,000 | 1,345 | 49.9% |
| 1991 GLEN OAK DRIVE | 2026-01 | $495,000 | 1,308 | 42.1% |
| 650 CHELSEA STREET | 2026-03 | $480,000 | 1,304 | 42.3% |
| 1515 CLAIR ROAD | 2025-11 | $386,000 | 1,358 | 53.8% |
| 338 CONSTITUTION DRIVE | 2026-05 | $350,000 | 1,298 | 56.9% |
| 317 ALPINE STREET | 2025-07 | $490,000 | 1,306 | 42.4% |
| 1250 KENNEBEC ROAD | 2025-06 | $452,000 | 1,254 | 44.6% |
| 307 HEMLOCK DRIVE | 2025-06 | $425,000 | 1,324 | 45.3% |
| 307 SUNRISE BLVD | 2025-12 | $488,000 | 1,520 | 56.8% |
| 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% |
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