The Fair Share Report

930 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

≈ $379,355

Likely range $308,949 – $431,920, from 12 comparable Lacey sales in the past 18 months, at this home's 1,176 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 $379,355 home should be assessed near $228,030.

Step 3 · Assessed value

$175,700

Set at the last town-wide revaluation and mostly frozen since. That's $52,330 below what the ratio math suggests (22.9%).

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

$4,846/yr
Public schools$2,925
Ocean County$922
Town of Lacey$1,000
Lacey average$7,904

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

Town median 52.6%
This home · 46.3%

35%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
1024 SARASOTA DRIVE2025-06$430,0001,15245.0%
635 CHELSEA STREET2026-01$480,0001,20040.3%
532 WINDSOR STREET2025-09$360,0001,24651.2%
615 BEACH BLVD2026-04$310,0001,18060.1%
118 HEMLOCK DRIVE2026-03$440,0001,18844.0%
501 ADOLPHUS STREET2025-07$350,0001,18865.3%
203 WALNUT DRIVE2025-10$440,0001,19842.3%
20 BAY WAY2025-10$352,0001,15257.2%
20 NORWICK DRIVE2026-06$275,0001,22456.1%
322 STATION DRIVE2025-02$400,0001,24043.9%
16 BAYBERRY DRIVE2025-08$395,0001,20348.9%
1 CANTERBURY DRIVE2026-02$200,0001,22476.7%

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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 →