The Fair Share Report
34 First 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $659,195 – $777,000, from 12 comparable Lodi sales in the past 18 months, at this home's 1,776 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 $696,702 home should be assessed near $361,797.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $97,897 below what the ratio math suggests (27.1%).
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
29%65%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lodi pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 116 SPRING ST | 2025-12 | $760,000 | 1,748 | 41.3% |
| 72 AVE A | 2025-04 | $701,000 | 1,560 | 35.7% |
| 152 WASHINGTON ST | 2025-08 | $550,000 | 1,684 | 53.5% |
| 21 PINE ST | 2025-07 | $780,000 | 2,040 | 40.6% |
| 97 AVE E | 2025-07 | $675,000 | 1,785 | 44.7% |
| 71 MAC ARTHUR AVE | 2025-07 | $810,000 | 1,855 | 34.3% |
| FARNHAM AVE | 2025-03 | $680,000 | — | 2.7% |
| 85 AVE E | 2026-02 | $670,000 | 1,818 | 50.1% |
| 295 BELL AVE | 2025-11 | $590,000 | 1,504 | 40.9% |
| 18 PINE ST | 2025-05 | $881,500 | 1,416 | 29.8% |
| 2 ORCHARD CT | 2025-03 | $731,000 | 1,608 | 40.4% |
| 198 FARNHAM AVE | 2025-01 | $875,000 | 2,000 | 32.1% |
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