The Fair Share Report

734 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.

Step 1 · Market value

≈ $423,164

Likely range $379,379 – $552,769, from 12 comparable Lyndhurst sales in the past 18 months, at this home's 1,029 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 $423,164 home should be assessed near $368,195.

Step 3 · Assessed value

$1,009,800

Set at the last town-wide revaluation and mostly frozen since. That's $641,605 above what the ratio math suggests (174.3%).

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

Step 5 · The bill

$21,275/yr
Public schools$10,427
Bergen County$2,363
Town of Lyndhurst$8,485
Lyndhurst average$11,540

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

Town median 82.1%
This home · 238.6%

63%272%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $14,276/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
623 SCHUYLER AVE2026-03$400,0001,05672.2%
213 TONTINE AVE2025-04$325,0001,074123.6%
825 RIVERSIDE AVE2026-02$365,00099080.3%
207 LAFAYETTE AVE2026-04$600,0001,11374.1%
520 OCTAVIA PL2025-04$680,0001,13268.2%
133 FOREST AVE2026-05$585,0001,08976.9%
294 WILLOW AVE2026-02$430,00093280.7%
336 WILSON AVE2026-04$690,0001,22865.7%
619 LEWANDOWSKI ST2026-03$575,0001,23179.4%
520 RUTHERFORD AVE2026-05$453,0001,17784.9%
773 FIFTH ST2025-01$560,0001,23494.3%
379 ROOSEVELT AVE2025-05$505,0001,22887.5%

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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 →