The Fair Share Report
29 E Pl
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 $437,276 – $624,223, from 12 comparable Lodi sales in the past 18 months, at this home's 1,041 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 $473,617 home should be assessed near $245,949.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,149 below what the ratio math suggests (3.7%).
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 |
|---|---|---|---|---|
| 47 UNION ST | 2025-05 | $465,000 | 1,104 | 37.1% |
| 63 WASHINGTON ST | 2026-04 | $625,000 | 1,034 | 49.2% |
| 212 PATERSON AVE | 2025-12 | $440,000 | 1,041 | 55.7% |
| 28 LONGVALLEY RD | 2025-05 | $552,000 | 1,075 | 48.0% |
| 396 WESTMINSTER PL | 2025-09 | $662,000 | 1,104 | 42.7% |
| 396 WESTMINSTER PL | 2025-02 | $455,000 | 1,104 | 62.1% |
| 72 CHARLTON AVE | 2026-01 | $599,000 | 1,107 | 41.8% |
| 72 CHARLTON AVE | 2025-11 | $465,000 | 1,107 | 53.9% |
| 20 GREENLAWN DR | 2025-01 | $500,000 | 1,148 | 53.1% |
| 221 SAINT JOSEPH BLVD | 2025-01 | $640,000 | 1,050 | 47.1% |
| 7 CLARK ST | 2025-08 | $460,000 | 1,125 | 54.2% |
| 37 MARY ST | 2026-03 | $602,000 | 1,152 | 45.4% |
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