The Fair Share Report

734 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.

Step 1 · Market value

≈ $876,758

Likely range $798,557 – $1,018,890, 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 $876,758 home should be assessed near $762,867.

Step 3 · Assessed value

$855,900

Set at the last town-wide revaluation and mostly frozen since. That's $93,033 above what the ratio math suggests (12.2%).

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 $2.125 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$18,189/yr
Public schools$8,915
Bergen County$2,020
Town of Lyndhurst$7,254
Lyndhurst average$11,540

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

Town median 82.1%
This home · 97.6%

63%113%

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
505 FOREST AVE2025-03$875,0002,48890.0%
228 ORIENT WAY2025-04$810,0002,42883.9%
135 JAY AVE2026-03$840,0002,57882.3%
631 SECOND AVE2026-05$840,0002,65377.9%
325 VALLEY BRK AVE2026-02$917,0002,82373.5%
401 STUYVESANT AVE2026-02$850,0002,07269.7%
128A RIVERSIDE AVE2025-03$999,9993,47692.6%
230 NEW STREET2026-03$650,0001,86497.3%
433 CHASE AVE2026-05$945,0002,57678.2%
739 FIFTH AVE2026-04$800,0001,76778.4%
249 FOREST AVE2025-05$775,0001,81286.0%
36 KEARNEY ST2026-05$500,0001,65085.5%

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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 →