The Fair Share Report
10 Canton Rd
Wayne, NJ 07470
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 $603,633 – $670,435, from 12 comparable Wayne sales in the past 18 months, at this home's 1,163 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $628,905 home should be assessed near $225,274.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,674 below what the ratio math suggests (16.7%).
Step 4 · The tax rate — same for every Wayne home
$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%
Step 5 · The bill
This home vs. every recent Wayne sale · assessed ÷ market
19%47%
Paying about right
This home's ratio lands inside Wayne'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 |
|---|---|---|---|---|
| KNOX TERRACE | 2025-09 | $15,000 | — | 24.7% |
| 83 FARMINGDALE RD | 2025-10 | $685,000 | 1,100 | 24.6% |
| 105 LIONSHEAD DR E | 2025-01 | $600,000 | 1,156 | 29.1% |
| 82 MICHAEL DR | 2025-11 | $597,000 | 1,104 | 31.4% |
| 94 MAC DONALD DR | 2026-06 | $620,000 | 1,127 | 29.4% |
| 21 SANDRA LANE | 2025-02 | $630,000 | 1,300 | 28.5% |
| 44 CANTON RD | 2025-11 | $735,000 | 1,275 | 24.2% |
| 96 LIONSHEAD DR E | 2026-06 | $655,000 | 1,197 | 27.3% |
| 24 SANDRA LANE | 2025-05 | $680,000 | 1,300 | 27.5% |
| 1147B VALLEY RD | 2025-01 | $345,000 | 1,080 | 30.4% |
| 104 LIONSHEAD DR E | 2025-07 | $649,910 | 1,126 | 26.2% |
| 21 ROLLING HILLS DR | 2025-04 | $700,000 | 1,361 | 28.2% |
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