The Fair Share Report
109 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $884,520 – $1,068,724, from 12 comparable Lodi 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 Lodi assessments sit below market value — republished every October, applied town-wide. A $947,162 home should be assessed near $491,861.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,439 above what the ratio math suggests (4.0%).
Step 4 · The tax rate — same for every Lodi home
$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Lodi sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 365 WESTERVELT PL | 2025-04 | $955,000 | 3,168 | 54.0% |
| 255 WESTMINSTER PL | 2026-05 | $875,000 | 3,100 | 50.5% |
| 82 AVE F | 2026-02 | $730,000 | 2,924 | 56.2% |
| 229 GROVE ST | 2026-03 | $950,000 | 3,297 | 60.3% |
| 5 CHARLES ST | 2025-12 | $880,000 | 2,638 | 51.1% |
| 61 SAINT JOSEPH BLVD | 2025-06 | $1,076,061 | 3,000 | 44.7% |
| 71 MITCHELL ST | 2025-10 | $925,000 | 2,926 | 40.5% |
| 102 CHARLTON AVE | 2026-01 | $1,150,000 | 3,975 | 46.2% |
| 100 CHARLTON AVE | 2026-01 | $1,132,450 | 3,975 | 47.0% |
| 351 PASSAIC AVE | 2025-04 | $1,125,000 | 3,186 | 33.0% |
| 180 WESTERVELT PL | 2025-07 | $850,000 | 2,912 | 54.1% |
| 318 HARRISON AVE | 2025-06 | $820,000 | 3,219 | 43.7% |
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