The Fair Share Report

645 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

≈ $789,114

Likely range $637,220 – $843,076, 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 $789,114 home should be assessed near $686,608.

Step 3 · Assessed value

$670,300

Set at the last town-wide revaluation and mostly frozen since. That's $16,308 below what the ratio math suggests (2.4%).

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 $2.127 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,258/yr
Public schools$6,988
Bergen County$1,583
Town of Lyndhurst$5,686
Lyndhurst average$11,540

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

Town median 82.1%
This home · 84.9%

63%111%

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
739 FIFTH AVE2026-04$800,0001,76778.4%
230 NEW STREET2026-03$650,0001,86497.3%
249 FOREST AVE2025-05$775,0001,81286.0%
36 KEARNEY ST2026-05$500,0001,65085.5%
312 WEART AVE2025-01$474,2001,418105.5%
704 KINGSLAND AVE2026-02$750,0001,63270.3%
510 ANTHONY COURT2026-02$865,0001,984102.7%
811 VALLEY BRK AVE2025-06$810,0001,80477.4%
712 MEYER AVENUE2026-05$801,0002,00074.2%
348 WILSON AVE2026-02$717,0001,50074.2%
9 KEARNEY ST2025-05$710,0001,62272.7%
401 STUYVESANT AVE2026-02$850,0002,07269.7%

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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 →