The Fair Share Report

6 Robert Ct

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

≈ $689,750

Likely range $566,726 – $812,393, 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 $689,750 home should be assessed near $358,187.

Step 3 · Assessed value

$319,800

Set at the last town-wide revaluation and mostly frozen since. That's $38,387 below what the ratio math suggests (10.7%).

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

$11,321/yr
Public schools$6,274
Bergen County$1,308
Town of Lodi$3,738
Lodi average$11,433

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

Town median 46.0%
This home · 46.4%

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
536 MAIN ST2025-04$350,0001,63877.5%
102 CHARLTON AVE2025-04$740,0001,60860.2%
470 FARNHAM AVE2026-06$850,0001,62237.8%
267 WESTMINSTER PL2025-06$650,0001,68443.9%
59 SOUTH SAVOIE ST2025-06$421,0001,53675.5%
4 YOLANDA PL2025-03$626,0001,74349.7%
21 CALVIN AVE2025-04$640,0001,60046.8%
27 CENTRAL AVE2025-09$780,0001,61238.8%
18 CENTRAL AVE2025-06$670,0001,70348.9%
7 SHORT ST2025-06$810,0001,60838.1%
55 BURNS AVE2026-02$640,0001,51851.8%
65 CHESTNUT ST2025-02$815,0001,70442.9%

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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 →