The Fair Share Report

76 Ave E

Lodi, NJ 07644

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

≈ $570,442

Likely range $494,749 – $659,551, from 12 comparable Lodi sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.93%

The state's official measure of how far Lodi assessments sit below market value — republished every October, applied town-wide. A $570,442 home should be assessed near $296,231.

Step 3 · Assessed value

$260,000

Set at the last town-wide revaluation and mostly frozen since. That's $36,231 below what the ratio math suggests (12.2%).

Step 4 · The tax rate — same for every Lodi home

$3.540 per $100 assessed

$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%

Step 5 · The bill

$9,204/yr
Public schools$5,101
Bergen County$1,063
Town of Lodi$3,039
Lodi average$11,433

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

Town median 46.0%
This home · 45.6%

31%65%

Paying about right

This home's ratio lands inside Lodi'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
4 TRUDY DR2025-11$656,0001,18043.8%
345 GARIBALDI AVE2025-08$600,0001,13141.1%
37 MARY ST2026-03$602,0001,15245.4%
100 AVE E2025-03$600,0001,30841.1%
492 WESTMINSTER PL2026-05$508,0001,19246.0%
34 GARDEN ST2025-02$768,0001,15235.6%
396 WESTMINSTER PL2025-09$662,0001,10442.7%
396 WESTMINSTER PL2025-02$455,0001,10462.1%
20 GREENLAWN DR2025-01$500,0001,14853.1%
144 COLUMBIA LN2025-06$580,5001,21245.9%
86 TRUDY DR2026-06$560,0001,30543.2%
72 CHARLTON AVE2026-01$599,0001,10741.8%

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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 →