The Fair Share Report

804 Sinclair Ave

Lacey, NJ 08757

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

≈ $400,254

Likely range $352,184 – $470,719, 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 $400,254 home should be assessed near $240,593.

Step 3 · Assessed value

$186,800

Set at the last town-wide revaluation and mostly frozen since. That's $53,793 below what the ratio math suggests (22.4%).

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

$5,109/yr
Public schools$3,083
Ocean County$972
Town of Lacey$1,054
Lacey average$7,904

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

Town median 52.6%
This home · 46.7%

34%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
20 NORWICK DRIVE2026-06$275,0001,22456.1%
1 CANTERBURY DRIVE2026-02$200,0001,22476.7%
12 SUSSEX PLACE2024-12$185,0001,224120.6%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
2 TERN COURT2025-05$490,0001,29744.6%
607 RANGER DRIVE2026-01$750,0001,34053.5%
819 WINDWARD DRIVE2025-04$750,0001,27148.7%
5 HERON COURT2025-05$460,0001,13443.7%
20 BAY WAY2025-10$352,0001,15257.2%
127 DRIFTWOOD LANE2026-06$415,0001,10846.3%
105 SHODDA SCHTROSS2026-03$399,9991,20054.5%

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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 →