The Fair Share Report

649 Eighth St

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

≈ $545,826

Likely range $462,948 – $582,059, 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 $545,826 home should be assessed near $474,923.

Step 3 · Assessed value

$467,600

Set at the last town-wide revaluation and mostly frozen since. That's $7,323 below what the ratio math suggests (1.5%).

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 $2.090 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,772/yr
Public schools$4,789
Bergen County$1,085
Town of Lyndhurst$3,897
Lyndhurst average$11,540

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

Town median 82.1%
This home · 85.7%

63%106%

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
207 POST AVE2025-03$500,0001,30693.6%
219 COPELAND AVE2026-02$590,0001,34469.9%
138 FERN AVE2026-02$585,0001,46586.4%
312 WEART AVE2025-01$474,2001,418105.5%
186 TONTINE AVE2025-04$652,0001,60572.8%
501 LAKE AVE2025-01$535,0001,33785.3%
147 PAGE AVE2025-01$350,0001,436150.8%
775 CHASE AVE2026-03$505,0001,50793.9%
326 WILLOW AVE2026-05$480,0001,65196.2%
520 OCTAVIA PL2025-04$680,0001,13268.2%
28 KEARNEY ST2025-06$640,0001,66583.6%
520 RUTHERFORD AVE2026-05$453,0001,17784.9%

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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 →