The Fair Share Report

49 Ave E

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

≈ $739,133

Likely range $636,022 – $831,529, 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 $739,133 home should be assessed near $383,832.

Step 3 · Assessed value

$376,700

Set at the last town-wide revaluation and mostly frozen since. That's $7,132 below what the ratio math suggests (1.9%).

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

$13,335/yr
Public schools$7,391
Bergen County$1,541
Town of Lodi$4,404
Lodi average$11,433

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

Town median 46.0%
This home · 51.0%

31%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
89 NORWOOD AVE2026-05$999,0002,25740.0%
17 GUNTHER AVE2025-10$640,0001,90850.8%
286 UNION ST2025-04$563,0001,97680.4%
20 KIPP AVE2025-08$660,0002,04455.3%
15 CLARK ST2025-10$700,0001,85551.4%
30 AVE A2025-03$675,0001,94756.4%
30 AVE A2025-03$550,0001,94769.2%
7 BLUERIDGE RD2025-04$650,0002,04751.6%
18 CENTRAL AVE2025-06$670,0001,70348.9%
55 GARDEN ST2025-11$835,0001,84834.3%
252 CHURCH ST2026-03$650,0002,19252.1%
267 WESTMINSTER PL2025-06$650,0001,68443.9%

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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 →