The Fair Share Report
9 Tower Pl
Lawrence, NJ 08648
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 $396,961 – $541,687, from 12 comparable Lawrence 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 Lawrence assessments sit below market value — republished every October, applied town-wide. A $470,489 home should be assessed near $347,221.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,421 below what the ratio math suggests (18.0%).
Step 4 · The tax rate — same for every Lawrence home
$1.687 Schools · 53% $0.795 County · 25% $0.682 Town · 22%
Step 5 · The bill
This home vs. every recent Lawrence sale · assessed ÷ market
45%90%
Paying about right
This home's ratio lands inside Lawrence's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 38 COLONIAL LAKE DR | 2025-04 | $446,000 | 1,690 | 49.7% |
| 94 FRANKLIN CORNER RD | 2025-08 | $400,000 | 1,774 | 67.5% |
| 16 STONICKER DR | 2025-05 | $615,000 | 2,030 | 49.5% |
| 32 LAWNSIDE DR | 2025-04 | $480,000 | 1,646 | 64.0% |
| 7 O'NEILL COURT | 2025-12 | $400,000 | 1,804 | 52.0% |
| 24 PAGODA COURT | 2025-05 | $439,000 | 1,740 | 57.1% |
| 13 PAGODA COURT | 2025-05 | $446,000 | 1,740 | 55.3% |
| 9 PIN OAK DR | 2026-03 | $535,000 | 2,065 | 62.7% |
| 11 GRANDVIEW AVENUE | 2025-09 | $710,000 | 2,170 | 55.3% |
| 242 FIELDBORO DR | 2025-12 | $441,000 | 1,536 | 55.3% |
| 80 BERWYN PL | 2025-10 | $300,000 | 1,599 | 76.4% |
| 259 GLENN AVE | 2025-10 | $430,000 | 2,142 | 65.5% |
Is this your house?
Run your own report →