The Fair Share Report
705 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $465,797 – $786,952, 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 $551,127 home should be assessed near $331,282.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,382 below what the ratio math suggests (20.9%).
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
28%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 |
|---|---|---|---|---|
| 34 MARINER DRIVE | 2026-02 | $569,900 | 1,858 | 52.3% |
| 1161 LAUREL BLVD | 2025-02 | $841,000 | 1,874 | 57.6% |
| 103 FOXWOOD LANE | 2026-04 | $505,000 | 1,744 | 54.4% |
| 416 IRONS STREET | 2025-12 | $480,000 | 1,800 | 49.7% |
| 111 GREENWOOD LANE | 2026-01 | $515,000 | 1,844 | 52.4% |
| 1107 URANUS COURT | 2025-08 | $670,000 | 1,728 | 49.1% |
| 403 JERSEY CITY COURT | 2026-06 | $807,000 | 1,727 | 46.2% |
| 1007 ALOHA DRIVE | 2025-09 | $749,500 | 1,785 | 42.2% |
| 1 SHEFFIELD PLACE | 2025-10 | $330,000 | 1,639 | 50.5% |
| 1020 SARASOTA DRIVE | 2025-11 | $600,000 | 1,952 | 48.1% |
| 2177 HOLLYWOOD DRIVE | 2025-06 | $440,000 | 1,836 | 55.8% |
| 1331 LAUREL BLVD | 2025-07 | $1,100,000 | 1,919 | 58.8% |
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