The Fair Share Report
352 Third St
Lyndhurst, NJ 07071
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 $482,239 – $595,717, 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 $565,850 home should be assessed near $492,346.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,246 below what the ratio math suggests (4.1%).
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 $2.070 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%
Paying about right
This home's ratio lands inside Lyndhurst'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 |
|---|---|---|---|---|
| 186 TONTINE AVE | 2025-04 | $652,000 | 1,605 | 72.8% |
| 501 LAKE AVE | 2025-01 | $535,000 | 1,337 | 85.3% |
| 207 POST AVE | 2025-03 | $500,000 | 1,306 | 93.6% |
| 138 FERN AVE | 2026-02 | $585,000 | 1,465 | 86.4% |
| 775 CHASE AVE | 2026-03 | $505,000 | 1,507 | 93.9% |
| 326 WILLOW AVE | 2026-05 | $480,000 | 1,651 | 96.2% |
| 493 ROOSEVELT AVENUE | 2025-04 | $575,000 | 1,675 | 89.3% |
| 219 COPELAND AVE | 2026-02 | $590,000 | 1,344 | 69.9% |
| 312 WEART AVE | 2025-01 | $474,200 | 1,418 | 105.5% |
| 28 KEARNEY ST | 2025-06 | $640,000 | 1,665 | 83.6% |
| 631 SIXTH AVE | 2026-03 | $555,000 | 1,729 | 91.1% |
| 147 PAGE AVE | 2025-01 | $350,000 | 1,436 | 150.8% |
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