The Fair Share Report

100 Clark St

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.

Step 1 · Market value

≈ $567,808

Likely range $534,563 – $584,615, from 12 comparable Wayne sales in the past 18 months, at this home's 1,640 sq ft.

Step 2 · The Director's Ratio

35.82%

The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $567,808 home should be assessed near $203,389.

Step 3 · Assessed value

$156,200

Set at the last town-wide revaluation and mostly frozen since. That's $47,189 below what the ratio math suggests (23.2%).

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

$5.998 per $100 assessed

$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%

Step 5 · The bill

$9,369/yr
Public schools$5,213
Passaic County$1,954
Town of Wayne$2,201
Wayne average$13,868

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

Town median 29.7%
This home · 27.5%

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)

AddressSoldPriceSq ftRatio
1106 FOUR SEASONS DR2025-08$573,0001,62929.2%
1015 FOUR SEASONS DR2025-04$551,0151,62930.4%
407 FOUR SEASONS DR2025-02$564,0001,62929.5%
714 FOUR SEASONS DR2026-02$530,0001,62629.0%
606 FOUR SEASONS DR2025-12$550,0001,62627.7%
206 FOUR SEASONS DR2025-10$505,0001,62629.7%
1407 FOUR SEASONS DR2025-07$570,0001,62626.9%
8026 BRITTANY DR2025-05$523,0001,62836.9%
8012 BRITTANY DR2025-03$490,0001,62837.3%
516 FOUR SEASONS DR2026-04$585,0001,59928.3%
416 FOUR SEASONS DR2026-02$570,0001,59929.0%
705 FOUR SEASONS DR2026-01$559,0001,59929.6%

Is this your house?

Run your own report →

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 →