The Fair Share Report
925 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 $433,552 – $632,424, 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 $584,250 home should be assessed near $351,193.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,393 below what the ratio math suggests (22.3%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1615 SOMMERELL AVENUE | 2025-05 | $487,000 | 1,875 | 52.2% |
| 720 WEEHAWKEN AVENUE | 2025-10 | $385,000 | 1,992 | 67.2% |
| 1020 SARASOTA DRIVE | 2025-11 | $600,000 | 1,952 | 48.1% |
| 956 KEARNY AVENUE | 2025-03 | $440,000 | 1,908 | 56.1% |
| 2177 HOLLYWOOD DRIVE | 2025-06 | $440,000 | 1,836 | 55.8% |
| 407 BRENTWOOD PLACE | 2025-11 | $560,000 | 1,866 | 54.5% |
| 1125 SKIFF WAY DRIVE | 2025-04 | $627,500 | 1,968 | 64.3% |
| 412 BRENTWOOD PLACE | 2025-12 | $609,000 | 1,850 | 56.6% |
| 1208 GANNET COURT | 2026-04 | $978,000 | 1,946 | 47.8% |
| 2093 CRESTWOOD DRIVE | 2025-01 | $292,500 | 1,877 | 96.2% |
| 110 FOXWOOD LANE | 2025-06 | $599,000 | 1,913 | 47.6% |
| 548 BRENTWOOD ROAD | 2025-03 | $615,000 | 2,000 | 51.8% |
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