The Fair Share Report

448 Second Ave

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.

Step 1 · Market value

≈ $768,656

Likely range $603,523 – $799,449, from 12 comparable Lyndhurst sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

87.01%

The state's official measure of how far Lyndhurst assessments sit below market value — republished every October, applied town-wide. A $768,656 home should be assessed near $668,808.

Step 3 · Assessed value

$521,700

Set at the last town-wide revaluation and mostly frozen since. That's $147,108 below what the ratio math suggests (22.0%).

Step 4 · The tax rate — same for every Lyndhurst home

$2.225 per $100 assessed

$1.090 Schools · 49% $0.247 County · 11% $0.887 Town · 40%

This home's own bill implies $2.035 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,617/yr
Public schools$5,203
Bergen County$1,179
Town of Lyndhurst$4,234
Lyndhurst average$11,540

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

Town median 82.1%
This home · 67.9%

60%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)

AddressSoldPriceSq ftRatio
811 VALLEY BRK AVE2025-06$810,0001,80477.4%
614 SIXTH AVE2025-02$860,0001,87268.0%
529 FERN AVE2026-05$725,5001,63869.0%
9 KEARNEY ST2025-05$710,0001,62272.7%
230 NEW STREET2026-03$650,0001,86497.3%
401 STUYVESANT AVE2026-02$850,0002,07269.7%
36 KEARNEY ST2026-05$500,0001,65085.5%
704 KINGSLAND AVE2026-02$750,0001,63270.3%
739 FIFTH AVE2026-04$800,0001,76778.4%
471 HARDING AVE2026-01$678,0001,89877.5%
855 VALLEY BRK AVE2026-05$570,0001,57367.3%
631 SIXTH AVE2026-03$555,0001,72991.1%

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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 →