The Fair Share Report

627 Third 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

≈ $867,230

Likely range $737,178 – $949,191, from 12 comparable Lyndhurst sales in the past 18 months, at this home's 2,114 sq ft.

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 $867,230 home should be assessed near $754,577.

Step 3 · Assessed value

$639,300

Set at the last town-wide revaluation and mostly frozen since. That's $115,277 below what the ratio math suggests (15.3%).

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 $2.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,570/yr
Public schools$6,651
Bergen County$1,507
Town of Lyndhurst$5,412
Lyndhurst average$11,540

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

Town median 82.1%
This home · 73.7%

62%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
401 STUYVESANT AVE2026-02$850,0002,07269.7%
230 NEW STREET2026-03$650,0001,86497.3%
739 FIFTH AVE2026-04$800,0001,76778.4%
505 FOREST AVE2025-03$875,0002,48890.0%
249 FOREST AVE2025-05$775,0001,81286.0%
36 KEARNEY ST2026-05$500,0001,65085.5%
252 ORIENTAL PL2026-04$495,0001,94492.1%
712 MEYER AVENUE2026-05$801,0002,00074.2%
471 HARDING AVE2026-01$678,0001,89877.5%
510 ANTHONY COURT2026-02$865,0001,984102.7%
811 VALLEY BRK AVE2025-06$810,0001,80477.4%
228 ORIENT WAY2025-04$810,0002,42883.9%

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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 →