The Fair Share Report
803 Devon St
Lacey, NJ 08731
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 $452,544 – $525,895, 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 $480,152 home should be assessed near $288,619.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,319 below what the ratio math suggests (32.3%).
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
32%75%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lacey pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 112 BEACH BLVD | 2025-05 | $525,000 | 1,624 | 40.5% |
| 404 BEACH BLVD | 2026-05 | $539,900 | 1,570 | 51.4% |
| 65 AMBERMIST WAY | 2025-11 | $565,000 | 1,675 | 56.5% |
| 636 CHELSEA STREET | 2026-06 | $485,000 | 1,344 | 42.5% |
| 1131 BEACH BLVD | 2026-03 | $760,000 | 1,518 | 44.9% |
| 311 STATION DRIVE | 2025-08 | $425,000 | 1,512 | 45.1% |
| 812 BUENA VISTA ROAD | 2025-05 | $490,000 | 1,728 | 41.9% |
| 321 LETTS AVENUE | 2026-05 | $500,000 | 1,576 | 44.5% |
| 1007 ELWOOD STREET | 2026-03 | $480,000 | 1,453 | 43.5% |
| 2253 CRESTWOOD PLACE | 2026-05 | $510,000 | 1,394 | 40.5% |
| 923 TAPPAN STREET | 2026-04 | $485,000 | 1,512 | 42.9% |
| 743 CENTER STREET | 2025-02 | $380,000 | 1,458 | 55.7% |
Is this your house?
Run your own report →