The Fair Share Report
91 Spring St
Lodi, NJ 07606
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 $572,549 – $724,266, from 12 comparable Lodi 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 Lodi assessments sit below market value — republished every October, applied town-wide. A $609,633 home should be assessed near $316,582.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,582 below what the ratio math suggests (11.6%).
Step 4 · The tax rate — same for every Lodi home
$1.962 Schools · 55% $0.409 County · 12% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Lodi sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 86 TRUDY DR | 2026-06 | $560,000 | 1,305 | 43.2% |
| 121 PROSPECT ST | 2026-05 | $680,000 | 1,305 | 47.0% |
| 100 AVE E | 2025-03 | $600,000 | 1,308 | 41.1% |
| 55 BURNS AVE | 2026-02 | $640,000 | 1,518 | 51.8% |
| 20 GREENLAWN DR | 2025-01 | $500,000 | 1,148 | 53.1% |
| 445 FARNHAM AVE | 2025-06 | $535,000 | 1,227 | 55.3% |
| 54 AVE F | 2025-08 | $675,000 | 1,455 | 42.8% |
| 340 WESTERVELT PL | 2025-10 | $760,000 | 1,433 | 43.8% |
| 194 CHARLTON AVE | 2025-09 | $760,000 | 1,306 | 41.9% |
| 59 SOUTH SAVOIE ST | 2025-06 | $421,000 | 1,536 | 75.5% |
| 42 RIVERVIEW AVE | 2025-02 | $650,000 | 1,465 | 44.6% |
| 4 TRUDY DR | 2025-11 | $656,000 | 1,180 | 43.8% |
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