The Fair Share Report

452 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

≈ $735,155

Likely range $648,083 – $872,293, 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 $735,155 home should be assessed near $639,658.

Step 3 · Assessed value

$604,200

Set at the last town-wide revaluation and mostly frozen since. That's $35,458 below what the ratio math suggests (5.5%).

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 $2.081 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,571/yr
Public schools$6,161
Bergen County$1,396
Town of Lyndhurst$5,014
Lyndhurst average$11,540

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

Town median 82.1%
This home · 82.2%

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)

AddressSoldPriceSq ftRatio
119 LAKE AVE2026-03$500,0001,83691.9%
471 HARDING AVE2026-01$678,0001,89877.5%
416 KINGSLAND AVE2025-04$970,0001,89682.1%
631 SIXTH AVE2026-03$555,0001,72991.1%
712 MEYER AVENUE2026-05$801,0002,00074.2%
611 NEW YORK AVE2026-01$749,0001,80874.2%
493 ROOSEVELT AVENUE2025-04$575,0001,67589.3%
28 KEARNEY ST2025-06$640,0001,66583.6%
252 ORIENTAL PL2026-04$495,0001,94492.1%
179 FERN AVE2026-05$785,0001,86666.7%
122 PAGE AVE2025-06$800,0001,74882.9%
228 ORIENT WAY2025-04$810,0002,42883.9%

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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 →