The Fair Share Report

712 Sinclair Ave

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

≈ $398,889

Likely range $310,422 – $419,406, 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 $398,889 home should be assessed near $239,772.

Step 3 · Assessed value

$159,000

Set at the last town-wide revaluation and mostly frozen since. That's $80,772 below what the ratio math suggests (33.7%).

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

$4,349/yr
Public schools$2,624
Ocean County$827
Town of Lacey$897
Lacey average$7,904

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

Town median 52.6%
This home · 39.9%

32%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
615 DEVON STREET2026-06$406,0001,05041.0%
801 LAKESIDE DRIVE NO2025-01$445,0001,11149.3%
20 BAY WAY2025-10$352,0001,15257.2%
615 BEACH BLVD2026-04$310,0001,18060.1%
11 PORTSMOUTH DRIVE2026-01$300,0001,12751.6%
31 TITANIC ROAD2026-05$355,0001,10451.7%
1024 SARASOTA DRIVE2025-06$430,0001,15245.0%
414 NANTUCKET ROAD2026-06$425,50096049.8%
635 CHELSEA STREET2026-01$480,0001,20040.3%
13 NAUTILUS BLVD2025-07$425,0001,10052.0%
127 LAKESIDE DR EAST2026-03$220,00096882.7%
2095 LLEWELLYN PKWY2025-11$365,00096645.5%

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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 →