The Fair Share Report
722 Third 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $498,873 – $731,123, from 12 comparable Lyndhurst sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Lyndhurst assessments sit below market value — republished every October, applied town-wide. A $684,327 home should be assessed near $595,433.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,933 below what the ratio math suggests (6.2%).
Step 4 · The tax rate — same for every Lyndhurst home
$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
This home vs. every recent Lyndhurst sale · assessed ÷ market
63%117%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 KEARNEY ST | 2026-05 | $500,000 | 1,650 | 85.5% |
| 348 WILSON AVE | 2026-02 | $717,000 | 1,500 | 74.2% |
| 739 FIFTH AVE | 2026-04 | $800,000 | 1,767 | 78.4% |
| 704 KINGSLAND AVE | 2026-02 | $750,000 | 1,632 | 70.3% |
| 9 KEARNEY ST | 2025-05 | $710,000 | 1,622 | 72.7% |
| 529 FERN AVE | 2026-05 | $725,500 | 1,638 | 69.0% |
| 230 NEW STREET | 2026-03 | $650,000 | 1,864 | 97.3% |
| 521 WEART AVE | 2026-04 | $655,521 | 1,302 | 78.1% |
| 249 FOREST AVE | 2025-05 | $775,000 | 1,812 | 86.0% |
| 324 THOMAS AVE | 2026-01 | $450,000 | 1,370 | 100.2% |
| 733 FIFTH AVE | 2026-01 | $360,000 | 1,316 | 101.3% |
| 811 VALLEY BRK AVE | 2025-06 | $810,000 | 1,804 | 77.4% |
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