The Fair Share Report

616 Eighth St

Lyndhurst, NJ 07075

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

≈ $696,889

Likely range $592,531 – $773,761, 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 $696,889 home should be assessed near $606,363.

Step 3 · Assessed value

$556,700

Set at the last town-wide revaluation and mostly frozen since. That's $49,663 below what the ratio math suggests (8.2%).

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%

Step 5 · The bill

$12,411/yr
Public schools$6,083
Bergen County$1,378
Town of Lyndhurst$4,950
Lyndhurst average$11,540

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

Town median 82.1%
This home · 79.9%

63%105%

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
119 LAKE AVE2026-03$500,0001,83691.9%
631 SIXTH AVE2026-03$555,0001,72991.1%
28 KEARNEY ST2025-06$640,0001,66583.6%
471 HARDING AVE2026-01$678,0001,89877.5%
493 ROOSEVELT AVENUE2025-04$575,0001,67589.3%
611 NEW YORK AVE2026-01$749,0001,80874.2%
416 KINGSLAND AVE2025-04$970,0001,89682.1%
122 PAGE AVE2025-06$800,0001,74882.9%
186 TONTINE AVE2025-04$652,0001,60572.8%
179 FERN AVE2026-05$785,0001,86666.7%
249 FOREST AVE2025-05$775,0001,81286.0%
320 WATSON AVE2026-03$600,0001,73281.6%

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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 →