The Fair Share Report

30 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

≈ $648,529

Likely range $599,075 – $770,651, from 12 comparable Lodi sales in the past 18 months, at this home's 1,715 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 $648,529 home should be assessed near $336,781.

Step 3 · Assessed value

$305,900

Set at the last town-wide revaluation and mostly frozen since. That's $30,881 below what the ratio math suggests (9.2%).

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

$10,829/yr
Public schools$6,002
Bergen County$1,251
Town of Lodi$3,576
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
72 AVE A2025-04$701,0001,56035.7%
12 BOYD ST2025-12$634,0001,64342.7%
152 WASHINGTON ST2025-08$550,0001,68453.5%
140 WASHINGTON ST2025-07$875,0001,55432.7%
85 SPRING ST2026-01$570,0001,64453.3%
116 SPRING ST2025-12$760,0001,74841.3%
84 LAWRENCE AVE2025-07$510,0001,46056.9%
97 AVE E2025-07$675,0001,78544.7%
85 AVE E2026-02$670,0001,81850.1%
216 FARNHAM AVE2025-07$775,0002,08841.9%
125 TERRACE AVE2025-08$765,0001,71043.8%
540 MAIN ST2025-08$510,0001,45243.6%

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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 →