The Fair Share Report
731 Second 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $629,504 – $847,285, 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 $714,079 home should be assessed near $621,320.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,580 above what the ratio math suggests (7.8%).
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 $2.095 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%112%
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 |
|---|---|---|---|---|
| 252 ORIENTAL PL | 2026-04 | $495,000 | 1,944 | 92.1% |
| 611 NEW YORK AVE | 2026-01 | $749,000 | 1,808 | 74.2% |
| 712 MEYER AVENUE | 2026-05 | $801,000 | 2,000 | 74.2% |
| 119 LAKE AVE | 2026-03 | $500,000 | 1,836 | 91.9% |
| 179 FERN AVE | 2026-05 | $785,000 | 1,866 | 66.7% |
| 416 KINGSLAND AVE | 2025-04 | $970,000 | 1,896 | 82.1% |
| 320 WATSON AVE | 2026-03 | $600,000 | 1,732 | 81.6% |
| 631 SIXTH AVE | 2026-03 | $555,000 | 1,729 | 91.1% |
| 122 PAGE AVE | 2025-06 | $800,000 | 1,748 | 82.9% |
| 326 WILLOW AVE | 2026-05 | $480,000 | 1,651 | 96.2% |
| 471 HARDING AVE | 2026-01 | $678,000 | 1,898 | 77.5% |
| 28 KEARNEY ST | 2025-06 | $640,000 | 1,665 | 83.6% |
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