The Fair Share Report

809 Alpine St

Lacey, NJ 08054

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

≈ $434,586

Likely range $343,017 – $590,304, 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 $434,586 home should be assessed near $261,230.

Step 3 · Assessed value

$145,900

Set at the last town-wide revaluation and mostly frozen since. That's $115,330 below what the ratio math suggests (44.1%).

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

$3,990/yr
Public schools$2,408
Ocean County$759
Town of Lacey$823
Lacey average$7,904

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

Town median 52.6%
This home · 33.6%

19%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)

AddressSoldPriceSq ftRatio
127 DRIFTWOOD LANE2026-06$415,0001,10846.3%
1006 PAINTER POINT2025-12$550,0001,05158.3%
5 HERON COURT2025-05$460,0001,13443.7%
705 ROANOKE DRIVE2025-12$450,0001,08057.5%
3 MELWEN DRIVE2025-12$395,00099250.0%
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
1616 BEACH BLVD2026-04$590,0001,09266.7%
714 RICHMOND DRIVE2025-03$630,0001,15249.1%
536 DEVON STREET2025-05$190,00096069.0%
922 CAPSTAN DRIVE2025-06$530,0001,04046.3%
1436 LEGUENE AVENUE2025-10$330,00099046.4%

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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 →