The Fair Share Report

21 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

≈ $856,019

Likely range $647,777 – $889,313, from 12 comparable Lodi sales in the past 18 months, at this home's 2,040 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 $856,019 home should be assessed near $444,531.

Step 3 · Assessed value

$317,000

Set at the last town-wide revaluation and mostly frozen since. That's $127,531 below what the ratio math suggests (28.7%).

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

$11,222/yr
Public schools$6,220
Bergen County$1,297
Town of Lodi$3,706
Lodi average$11,433

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

Town median 46.0%
This home · 37.0%

30%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
216 FARNHAM AVE2025-07$775,0002,08841.9%
15 FIRST ST2026-03$965,0002,09035.0%
15 FIRST ST2025-08$877,0002,09038.6%
116 SPRING ST2025-12$760,0001,74841.3%
34 FIRST ST2025-03$390,0001,77667.7%
14 JAMES CT2026-01$835,0001,97239.9%
7 BLUERIDGE RD2025-04$650,0002,04751.6%
62 GARIBALDI AVE2024-12$615,0002,34259.4%
80 MAC ARTHUR AVE2025-11$750,0001,95643.3%
198 FARNHAM AVE2025-01$875,0002,00032.1%
152 WASHINGTON ST2025-08$550,0001,68453.5%
20 BORIG PL2025-07$837,0001,92047.3%

Is this your house?

Run your own report →

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 →