The Fair Share Report

718 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

≈ $394,200

Likely range $318,096 – $450,000, from 12 comparable Lacey sales in the past 18 months, at this home's 1,080 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 $394,200 home should be assessed near $236,954.

Step 3 · Assessed value

$154,200

Set at the last town-wide revaluation and mostly frozen since. That's $82,754 below what the ratio math suggests (34.9%).

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

$4,217/yr
Public schools$2,545
Ocean County$802
Town of Lacey$870
Lacey average$7,904

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

Town median 52.6%
This home · 39.1%

29%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
1616 BEACH BLVD2026-04$590,0001,09266.7%
18 CEDAR DRIVE2026-04$413,0001,10136.7%
1715 BEACH BLVD2026-01$312,5001,06138.8%
1716 BINNACLE ROAD2026-01$260,0001,11650.9%
406 HEMLOCK DRIVE2025-10$430,0001,06066.5%
126 E LACEY ROAD2026-01$525,0001,07639.7%
312 BUNNELL PLACE2025-09$362,0001,03244.9%
613 TWIN RIVER DRIVE2026-01$412,0001,14345.8%
1417 BEACH BLVD2026-01$365,0001,00031.6%
1701 LAKESIDE DR SO2025-02$211,9961,13093.5%
887 ARLINGTON AVENUE2025-02$323,0001,10048.5%
922 CAPSTAN DRIVE2025-06$530,0001,04046.3%

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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 →