The Fair Share Report
720 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 $576,904 – $905,771, 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 $722,197 home should be assessed near $434,113.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $82,413 below what the ratio math suggests (19.0%).
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
33%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 |
|---|---|---|---|---|
| 1615 TAMIAMI ROAD | 2026-03 | $555,000 | 2,300 | 62.4% |
| 119 SUNRISE BLVD | 2025-05 | $610,000 | 2,472 | 58.6% |
| 308 PINE FOREST LANE | 2026-03 | $675,000 | 2,576 | 63.1% |
| 503 DUGOUT DRIVE | 2025-06 | $860,000 | 2,412 | 48.7% |
| 1306 WICKFORD LANE | 2025-08 | $1,050,000 | 2,446 | 57.3% |
| 820 ELWOOD STREET | 2025-03 | $618,000 | 2,676 | 57.4% |
| 718 AMHERST ROAD | 2026-06 | $780,000 | 2,301 | 45.6% |
| 705 LEANNE COURT | 2026-04 | $680,000 | 2,438 | 56.8% |
| 1490 EARIE WAY | 2026-01 | $645,000 | 2,164 | 45.6% |
| 1266 CAPSTAN DRIVE | 2025-01 | $860,000 | 2,370 | 51.9% |
| 1026 CHELSEA STREET | 2025-12 | $644,900 | 2,236 | 56.5% |
| 507 LAUREL BLVD | 2025-05 | $1,575,000 | 2,812 | 36.2% |
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