The Fair Share Report
511 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $900,475 – $1,043,315, from 12 comparable Lyndhurst sales in the past 18 months, at this home's 2,844 sq ft.
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 $926,672 home should be assessed near $806,297.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $177,997 below what the ratio math suggests (22.1%).
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 $2.084 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
55%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Lyndhurst pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 325 VALLEY BRK AVE | 2026-02 | $917,000 | 2,823 | 73.5% |
| 631 SECOND AVE | 2026-05 | $840,000 | 2,653 | 77.9% |
| 228 ORIENT WAY | 2025-04 | $810,000 | 2,428 | 83.9% |
| 505 FOREST AVE | 2025-03 | $875,000 | 2,488 | 90.0% |
| 135 JAY AVE | 2026-03 | $840,000 | 2,578 | 82.3% |
| 611 NEW YORK AVE | 2026-01 | $749,000 | 1,808 | 74.2% |
| 252 ORIENTAL PL | 2026-04 | $495,000 | 1,944 | 92.1% |
| 179 FERN AVE | 2026-05 | $785,000 | 1,866 | 66.7% |
| 433 CHASE AVE | 2026-05 | $945,000 | 2,576 | 78.2% |
| 119 LAKE AVE | 2026-03 | $500,000 | 1,836 | 91.9% |
| 320 WATSON AVE | 2026-03 | $600,000 | 1,732 | 81.6% |
| 122 PAGE AVE | 2025-06 | $800,000 | 1,748 | 82.9% |
Is this your house?
Run your own report →