The Fair Share Report

709 Third St

Lyndhurst, NJ 07110

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

≈ $522,683

Likely range $480,538 – $585,881, 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 $522,683 home should be assessed near $454,786.

Step 3 · Assessed value

$442,800

Set at the last town-wide revaluation and mostly frozen since. That's $11,986 below what the ratio math suggests (2.6%).

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

$9,418/yr
Public schools$4,616
Bergen County$1,046
Town of Lyndhurst$3,756
Lyndhurst average$11,540

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

Town median 82.1%
This home · 84.7%

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
773 FIFTH ST2025-01$560,0001,23494.3%
501 LAKE AVE2025-01$535,0001,33785.3%
112 RUTHERFORD AVENUE2026-04$535,0001,18966.3%
207 POST AVE2025-03$500,0001,30693.6%
520 RUTHERFORD AVE2026-05$453,0001,17784.9%
147 PAGE AVE2025-01$350,0001,436150.8%
219 COPELAND AVE2026-02$590,0001,34469.9%
312 WEART AVE2025-01$474,2001,418105.5%
733 FIFTH AVE2026-01$360,0001,316101.3%
619 LEWANDOWSKI ST2026-03$575,0001,23179.4%
521 WEART AVE2026-04$655,5211,30278.1%
138 FERN AVE2026-02$585,0001,46586.4%

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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 →