The Fair Share Report
175 Union St
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 $649,057 – $840,602, from 12 comparable Lodi sales in the past 18 months, at this home's 1,720 sq ft.
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 $676,688 home should be assessed near $351,404.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,404 below what the ratio math suggests (10.9%).
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 |
|---|---|---|---|---|
| 488 HARRISON AVE | 2025-07 | $860,000 | 1,682 | 60.5% |
| 8 CHARLES CT | 2025-09 | $725,000 | 1,608 | 42.4% |
| 18 CENTRAL AVE | 2025-06 | $670,000 | 1,703 | 48.9% |
| 10 CHARLES CT | 2025-02 | $780,000 | 1,596 | 42.9% |
| 267 WESTMINSTER PL | 2025-06 | $650,000 | 1,684 | 43.9% |
| 286 UNION ST | 2025-04 | $563,000 | 1,976 | 80.4% |
| 102 CHARLTON AVE | 2025-04 | $740,000 | 1,608 | 60.2% |
| 7 SHORT ST | 2025-06 | $810,000 | 1,608 | 38.1% |
| 72 AVE A | 2025-04 | $701,000 | 1,560 | 35.7% |
| 97 AVE E | 2025-07 | $675,000 | 1,785 | 44.7% |
| 4 YOLANDA PL | 2025-03 | $626,000 | 1,743 | 49.7% |
| 15 CLARK ST | 2025-10 | $700,000 | 1,855 | 51.4% |
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