The Fair Share Report

18 Pine 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.

Step 1 · Market value

≈ $555,479

Likely range $462,470 – $639,656, from 12 comparable Lodi sales in the past 18 months, at this home's 1,416 sq ft.

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 $555,479 home should be assessed near $288,460.

Step 3 · Assessed value

$262,300

Set at the last town-wide revaluation and mostly frozen since. That's $26,160 below what the ratio math suggests (9.1%).

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%

Step 5 · The bill

$9,285/yr
Public schools$5,146
Bergen County$1,073
Town of Lodi$3,066
Lodi average$11,433

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

Town median 46.0%
This home · 47.2%

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
4 COLUMBIA AVE2025-08$470,0001,45250.8%
8 LOUIS ST2025-09$599,0001,32643.5%
72 AVE A2025-04$701,0001,56035.7%
163 SAINT JOSEPH BLVD2026-04$500,0001,34851.3%
540 MAIN ST2025-08$510,0001,45243.6%
84 LAWRENCE AVE2025-07$510,0001,46056.9%
274 UNION ST2025-12$750,0001,42537.8%
96 WASHINGTON ST2025-10$435,0001,42366.5%
18 SIDNEY ST2025-09$565,0001,24939.7%
295 BELL AVE2025-11$590,0001,50440.9%
152 WASHINGTON ST2025-08$550,0001,68453.5%
255 GARIBALDI AVE2025-02$425,0001,32650.2%

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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 →