The Fair Share Report

92 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

≈ $747,290

Likely range $683,962 – $836,931, 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 $747,290 home should be assessed near $388,068.

Step 3 · Assessed value

$349,400

Set at the last town-wide revaluation and mostly frozen since. That's $38,668 below what the ratio math suggests (10.0%).

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

$12,369/yr
Public schools$6,855
Bergen County$1,429
Town of Lodi$4,084
Lodi average$11,433

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

Town median 46.0%
This home · 46.8%

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
20 BORIG PL2025-07$837,0001,92047.3%
85 AVE E2026-02$670,0001,81850.1%
97 AVE E2025-07$675,0001,78544.7%
71 MAC ARTHUR AVE2025-07$810,0001,85534.3%
7 BLUERIDGE RD2025-04$650,0002,04751.6%
80 MAC ARTHUR AVE2025-11$750,0001,95643.3%
119 GARIBALDI AVE2026-04$735,0001,85436.5%
14 JAMES CT2026-01$835,0001,97239.9%
55 GARDEN ST2025-11$835,0001,84834.3%
30 AVE A2025-03$675,0001,94756.4%
30 AVE A2025-03$550,0001,94769.2%
149 PATERSON AVE2025-12$915,0001,87248.2%

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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 →