The Fair Share Report

38 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

≈ $547,346

Likely range $451,745 – $606,243, from 12 comparable Lodi sales in the past 18 months (home size estimated from assessor data — range widened).

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 $547,346 home should be assessed near $284,237.

Step 3 · Assessed value

$217,000

Set at the last town-wide revaluation and mostly frozen since. That's $67,237 below what the ratio math suggests (23.7%).

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

$7,682/yr
Public schools$4,258
Bergen County$888
Town of Lodi$2,537
Lodi average$11,433

This home vs. every recent Lodi sale · assessed ÷ market

Town median 46.0%
This home · 39.6%

30%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
70 AVE F2025-06$475,00087551.3%
8 ANNETTE TERR2026-02$472,50086453.5%
3 LORELEI TERR2025-06$560,00086145.0%
63 WASHINGTON ST2026-04$625,0001,03449.2%
65 AVE C2026-05$610,00089845.3%
111 AUTUMN ST2026-05$635,00091836.7%
438 HARRISON AVE2025-07$510,00072644.1%
144 CORABELLE AVE2026-03$570,00081635.1%
84 CHESTNUT ST2025-08$497,00077047.7%
112 CHESTNUT ST2025-02$930,00082030.2%
67 AVE A2025-08$581,00091543.0%
492 WESTMINSTER PL2026-05$508,0001,19246.0%

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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 →