The Fair Share Report
519 Third St
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 $393,406 – $616,789, from 12 comparable Lyndhurst sales in the past 18 months (home size estimated from assessor data — range widened).
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 $579,061 home should be assessed near $503,841.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,841 below what the ratio math suggests (16.2%).
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 $2.134 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
63%113%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 521 WEART AVE | 2026-04 | $655,521 | 1,302 | 78.1% |
| 733 FIFTH AVE | 2026-01 | $360,000 | 1,316 | 101.3% |
| 619 LEWANDOWSKI ST | 2026-03 | $575,000 | 1,231 | 79.4% |
| 336 WILSON AVE | 2026-04 | $690,000 | 1,228 | 65.7% |
| 324 THOMAS AVE | 2026-01 | $450,000 | 1,370 | 100.2% |
| 312 WEART AVE | 2025-01 | $474,200 | 1,418 | 105.5% |
| 379 ROOSEVELT AVE | 2025-05 | $505,000 | 1,228 | 87.5% |
| 348 WILSON AVE | 2026-02 | $717,000 | 1,500 | 74.2% |
| 207 LAFAYETTE AVE | 2026-04 | $600,000 | 1,113 | 74.1% |
| 773 FIFTH ST | 2025-01 | $560,000 | 1,234 | 94.3% |
| 147 PAGE AVE | 2025-01 | $350,000 | 1,436 | 150.8% |
| 36 KEARNEY ST | 2026-05 | $500,000 | 1,650 | 85.5% |
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