The Fair Share Report
64 Mitchell St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $630,874 – $895,122, from 12 comparable Lodi 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 Lodi assessments sit below market value — republished every October, applied town-wide. A $707,720 home should be assessed near $367,519.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,019 below what the ratio math suggests (4.4%).
Step 4 · The tax rate — same for every Lodi home
$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Lodi sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 341 WESTERVELT PL | 2025-11 | $870,000 | 2,006 | 37.9% |
| 51 AUTUMN ST | 2025-06 | $750,000 | 1,968 | 42.0% |
| 57 RICHMOND ST | 2025-12 | $740,000 | 2,132 | 48.6% |
| 20 KIPP AVE | 2025-08 | $660,000 | 2,044 | 55.3% |
| 14 JAMES CT | 2026-01 | $835,000 | 1,972 | 39.9% |
| 22 BERNICE PL | 2026-05 | $672,000 | 2,128 | 49.8% |
| 252 CHURCH ST | 2026-03 | $650,000 | 2,192 | 52.1% |
| 30 AVE A | 2025-03 | $675,000 | 1,947 | 56.4% |
| 30 AVE A | 2025-03 | $550,000 | 1,947 | 69.2% |
| 80 MAC ARTHUR AVE | 2025-11 | $750,000 | 1,956 | 43.3% |
| 72 CORABELLE AVE | 2025-08 | $675,000 | 2,160 | 53.8% |
| 7 BLUERIDGE RD | 2025-04 | $650,000 | 2,047 | 51.6% |
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