The Fair Share Report

642 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

≈ $422,710

Likely range $386,445 – $542,926, 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 $422,710 home should be assessed near $254,091.

Step 3 · Assessed value

$176,800

Set at the last town-wide revaluation and mostly frozen since. That's $77,291 below what the ratio math suggests (30.4%).

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%

This home's own bill implies $2.594 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,585/yr
Public schools$2,767
Ocean County$872
Town of Lacey$946
Lacey average$7,904

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

Town median 52.6%
This home · 41.8%

27%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Lacey pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
819 WINDWARD DRIVE2025-04$750,0001,27148.7%
107 SEA BRIGHT ROAD2025-07$380,0001,26844.9%
918 LAKESIDE DRIVE NO2026-01$430,0001,35749.6%
612 DEERHEAD LAKE DRIVE2025-07$500,0001,36751.5%
1108 ALBATROSS COURT2025-06$600,0001,31547.1%
607 RANGER DRIVE2026-01$750,0001,34053.5%
1012 EAST PANAMA COURT2025-11$425,0001,40455.4%
459 STEUBEN AVENUE2026-01$530,0001,43246.4%
622 OAKWOOD DRIVE2025-03$436,0001,36242.9%
22 SALTSPRAY DRIVE2026-04$420,0001,42850.4%
1210 POLARIS COURT2025-04$554,9001,38043.9%
822 DEVON STREET2026-03$435,0001,34555.2%

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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 →