The Fair Share Report

105 Ave E

Lodi, NJ 07644

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

≈ $679,452

Likely range $552,577 – $764,392, from 12 comparable Lodi sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.93%

The state's official measure of how far Lodi assessments sit below market value — republished every October, applied town-wide. A $679,452 home should be assessed near $352,839.

Step 3 · Assessed value

$306,200

Set at the last town-wide revaluation and mostly frozen since. That's $46,639 below what the ratio math suggests (13.2%).

Step 4 · The tax rate — same for every Lodi home

$3.540 per $100 assessed

$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%

This home's own bill implies $3.458 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,589/yr
Public schools$5,869
Bergen County$1,223
Town of Lodi$3,497
Lodi average$11,433

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

Town median 46.0%
This home · 45.1%

31%65%

Paying about right

This home's ratio lands inside Lodi'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
114 AVE F2026-05$560,0001,51247.4%
98 AVE D2026-01$515,0001,55254.6%
7 SHORT ST2025-06$810,0001,60838.1%
27 CENTRAL AVE2025-09$780,0001,61238.8%
21 CALVIN AVE2025-04$640,0001,60046.8%
2 ORCHARD CT2025-03$731,0001,60840.4%
54 AVE F2025-08$675,0001,45542.8%
42 RIVERVIEW AVE2025-02$650,0001,46544.6%
97 AVE E2025-07$675,0001,78544.7%
163 GROVE ST2026-04$640,0001,46050.3%
55 BURNS AVE2026-02$640,0001,51851.8%
59 SOUTH SAVOIE ST2025-06$421,0001,53675.5%

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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 →