The Fair Share Report

804 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.

Step 1 · Market value

≈ $412,952

Likely range $383,522 – $467,327, from 12 comparable Lacey sales in the past 18 months, at this home's 1,180 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 $412,952 home should be assessed near $248,225.

Step 3 · Assessed value

$239,900

Set at the last town-wide revaluation and mostly frozen since. That's $8,325 below what the ratio math suggests (3.4%).

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

$6,561/yr
Public schools$3,960
Ocean County$1,248
Town of Lacey$1,354
Lacey average$7,904

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

Town median 52.6%
This home · 58.1%

37%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
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
5 HERON COURT2025-05$460,0001,13443.7%
819 WINDWARD DRIVE2025-04$750,0001,27148.7%
127 DRIFTWOOD LANE2026-06$415,0001,10846.3%
230 MAPLE LANE2025-02$434,9991,24348.3%
2114 PARKSIDE DRIVE2025-05$465,0001,26052.1%
455 NEWPORT ROAD2026-01$400,0001,16153.7%
105 SHODDA SCHTROSS2026-03$399,9991,20054.5%
1912 SERPENTINE DRIVE2025-07$375,0001,29148.2%
681 DEERHEAD LAKE DR2025-10$480,0001,21251.5%
303 CHESTNUT DRIVE2026-01$520,0001,21250.4%

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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 →