The Fair Share Report
287 Pine St
Lyndhurst, NJ 07071
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Lyndhurst's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $512,459 – $657,448, from 12 comparable Lyndhurst 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 Lyndhurst assessments sit below market value — republished every October, applied town-wide. A $602,715 home should be assessed near $524,422.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,122 below what the ratio math suggests (2.7%).
Step 4 · The tax rate — same for every Lyndhurst home
$1.090 Schools · 49% $0.247 County · 11% $0.887 Town · 40%
This home's own bill implies $2.133 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Lyndhurst sale · assessed ÷ market
63%105%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 326 WILLOW AVE | 2026-05 | $480,000 | 1,651 | 96.2% |
| 320 WATSON AVE | 2026-03 | $600,000 | 1,732 | 81.6% |
| 186 TONTINE AVE | 2025-04 | $652,000 | 1,605 | 72.8% |
| 138 FERN AVE | 2026-02 | $585,000 | 1,465 | 86.4% |
| 122 PAGE AVE | 2025-06 | $800,000 | 1,748 | 82.9% |
| 611 NEW YORK AVE | 2026-01 | $749,000 | 1,808 | 74.2% |
| 219 COPELAND AVE | 2026-02 | $590,000 | 1,344 | 69.9% |
| 147 PAGE AVE | 2025-01 | $350,000 | 1,436 | 150.8% |
| 28 KEARNEY ST | 2025-06 | $640,000 | 1,665 | 83.6% |
| 179 FERN AVE | 2026-05 | $785,000 | 1,866 | 66.7% |
| 631 SIXTH AVE | 2026-03 | $555,000 | 1,729 | 91.1% |
| 775 CHASE AVE | 2026-03 | $505,000 | 1,507 | 93.9% |
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