The Fair Share Report

720 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

≈ $571,563

Likely range $403,489 – $630,889, 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 $571,563 home should be assessed near $497,317.

Step 3 · Assessed value

$481,000

Set at the last town-wide revaluation and mostly frozen since. That's $16,317 below what the ratio math suggests (3.3%).

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 $2.093 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,068/yr
Public schools$4,934
Bergen County$1,118
Town of Lyndhurst$4,015
Lyndhurst average$11,540

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

Town median 82.1%
This home · 84.2%

63%125%

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
521 WEART AVE2026-04$655,5211,30278.1%
733 FIFTH AVE2026-01$360,0001,316101.3%
324 THOMAS AVE2026-01$450,0001,370100.2%
336 WILSON AVE2026-04$690,0001,22865.7%
619 LEWANDOWSKI ST2026-03$575,0001,23179.4%
348 WILSON AVE2026-02$717,0001,50074.2%
379 ROOSEVELT AVE2025-05$505,0001,22887.5%
312 WEART AVE2025-01$474,2001,418105.5%
207 LAFAYETTE AVE2026-04$600,0001,11374.1%
36 KEARNEY ST2026-05$500,0001,65085.5%
147 PAGE AVE2025-01$350,0001,436150.8%
773 FIFTH ST2025-01$560,0001,23494.3%

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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 →