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.

Step 1 · Market value

≈ $722,197

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

60.11%

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

$351,700

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

$2.735 per $100 assessed

$1.650 Schools · 60% $0.520 County · 19% $0.564 Town · 21%

Step 5 · The bill

$9,619/yr
Public schools$5,805
Ocean County$1,830
Town of Lacey$1,984
Lacey average$7,904

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

Town median 52.6%
This home · 48.7%

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)

AddressSoldPriceSq ftRatio
1615 TAMIAMI ROAD2026-03$555,0002,30062.4%
119 SUNRISE BLVD2025-05$610,0002,47258.6%
308 PINE FOREST LANE2026-03$675,0002,57663.1%
503 DUGOUT DRIVE2025-06$860,0002,41248.7%
1306 WICKFORD LANE2025-08$1,050,0002,44657.3%
820 ELWOOD STREET2025-03$618,0002,67657.4%
718 AMHERST ROAD2026-06$780,0002,30145.6%
705 LEANNE COURT2026-04$680,0002,43856.8%
1490 EARIE WAY2026-01$645,0002,16445.6%
1266 CAPSTAN DRIVE2025-01$860,0002,37051.9%
1026 CHELSEA STREET2025-12$644,9002,23656.5%
507 LAUREL BLVD2025-05$1,575,0002,81236.2%

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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 →