The Fair Share Report

145 Post Ave

Lyndhurst, NJ 07071

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

≈ $535,222

Likely range $459,197 – $559,409, from 12 comparable Lyndhurst sales in the past 18 months, at this home's 1,398 sq ft.

Step 2 · The Director's Ratio

87.01%

The state's official measure of how far Lyndhurst assessments sit below market value — republished every October, applied town-wide. A $535,222 home should be assessed near $465,697.

Step 3 · Assessed value

$615,500

Set at the last town-wide revaluation and mostly frozen since. That's $149,803 above what the ratio math suggests (32.2%).

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

$2.225 per $100 assessed

$1.090 Schools · 49% $0.247 County · 11% $0.887 Town · 40%

This home's own bill implies $2.124 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,074/yr
Public schools$6,408
Bergen County$1,452
Town of Lyndhurst$5,214
Lyndhurst average$11,540

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

Town median 82.1%
This home · 115.0%

63%139%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $3,333/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
312 WEART AVE2025-01$474,2001,418105.5%
775 CHASE AVE2026-03$505,0001,50793.9%
147 PAGE AVE2025-01$350,0001,436150.8%
207 POST AVE2025-03$500,0001,30693.6%
501 LAKE AVE2025-01$535,0001,33785.3%
138 FERN AVE2026-02$585,0001,46586.4%
324 THOMAS AVE2026-01$450,0001,370100.2%
219 COPELAND AVE2026-02$590,0001,34469.9%
28 KEARNEY ST2025-06$640,0001,66583.6%
733 FIFTH AVE2026-01$360,0001,316101.3%
773 FIFTH ST2025-01$560,0001,23494.3%
520 RUTHERFORD AVE2026-05$453,0001,17784.9%

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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 →