The Fair Share Report

613A 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

≈ $669,785

Likely range $488,271 – $715,586, 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 $669,785 home should be assessed near $582,780.

Step 3 · Assessed value

$535,600

Set at the last town-wide revaluation and mostly frozen since. That's $47,180 below what the ratio math suggests (8.1%).

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 $2.120 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,356/yr
Public schools$5,566
Bergen County$1,261
Town of Lyndhurst$4,529
Lyndhurst average$11,540

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

Town median 82.1%
This home · 80.0%

63%115%

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
36 KEARNEY ST2026-05$500,0001,65085.5%
348 WILSON AVE2026-02$717,0001,50074.2%
704 KINGSLAND AVE2026-02$750,0001,63270.3%
9 KEARNEY ST2025-05$710,0001,62272.7%
529 FERN AVE2026-05$725,5001,63869.0%
739 FIFTH AVE2026-04$800,0001,76778.4%
230 NEW STREET2026-03$650,0001,86497.3%
324 THOMAS AVE2026-01$450,0001,370100.2%
521 WEART AVE2026-04$655,5211,30278.1%
733 FIFTH AVE2026-01$360,0001,316101.3%
249 FOREST AVE2025-05$775,0001,81286.0%
775 CHASE AVE2026-03$505,0001,50793.9%

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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 →