The Fair Share Report

709 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

≈ $977,693

Likely range $905,818 – $1,081,521, from 12 comparable Lyndhurst sales in the past 18 months, at this home's 2,780 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 $977,693 home should be assessed near $850,691.

Step 3 · Assessed value

$899,000

Set at the last town-wide revaluation and mostly frozen since. That's $48,309 above what the ratio math suggests (5.7%).

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 $2.107 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$18,939/yr
Public schools$9,282
Bergen County$2,103
Town of Lyndhurst$7,554
Lyndhurst average$11,540

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

Town median 82.1%
This home · 92.0%

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
748 SIXTH ST2026-01$1,130,0003,14389.0%
433 CHASE AVE2026-05$945,0002,57678.2%
248 ORIENT WAY2025-01$1,399,0003,37485.4%
631 SECOND AVE2026-05$840,0002,65377.9%
135 JAY AVE2026-03$840,0002,57882.3%
325 VALLEY BRK AVE2026-02$917,0002,82373.5%
505 FOREST AVE2025-03$875,0002,48890.0%
228 ORIENT WAY2025-04$810,0002,42883.9%
510 ANTHONY COURT2026-02$865,0001,984102.7%
715 TYLER ST2026-04$880,0002,26266.9%
401 STUYVESANT AVE2026-02$850,0002,07269.7%
128A RIVERSIDE AVE2025-03$999,9993,47692.6%

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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 →