The Fair Share Report

74 Irwin Pl

Lawrence, NJ 08648

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Lawrence's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $365,982

Likely range $250,549 – $419,308, from 12 comparable Lawrence sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

73.80%

The state's official measure of how far Lawrence assessments sit below market value — republished every October, applied town-wide. A $365,982 home should be assessed near $270,095.

Step 3 · Assessed value

$206,600

Set at the last town-wide revaluation and mostly frozen since. That's $63,495 below what the ratio math suggests (23.5%).

Step 4 · The tax rate — same for every Lawrence home

$3.164 per $100 assessed

$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%

Step 5 · The bill

$6,539/yr
Public schools$3,486
Mercer County$1,643
Town of Lawrence$1,409
Lawrence average$9,151

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

Town median 60.1%
This home · 56.5%

44%90%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
137 VILLANOVA DR2025-12$300,0001,21972.3%
134 VILLANOVA DR2026-05$386,3001,21956.8%
755 PURITAN AVE2026-01$205,0001,42481.4%
771 LAKE DR2025-05$319,0001,56869.2%
160 MILLERICK AVE2026-03$433,0001,65455.8%
710 NATHAN HALE AVE2025-04$355,0001,28455.2%
81 LEWISVILLE ROAD2025-06$475,0001,82865.0%
54 CARTER RD2026-06$385,0001,31263.7%
80 BERWYN PL2025-10$300,0001,59976.4%
150 GAINSBORO RD2025-09$310,0001,60480.2%
242 FIELDBORO DR2025-12$441,0001,53655.3%
1588 BRUNSWICK AVE2025-03$380,0001,26840.0%

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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 →