The Fair Share Report
1025 Wayne Rd
Barrington, NJ 08033
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 $389,430 – $562,034, from 12 comparable Barrington 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 Barrington assessments sit below market value — republished every October, applied town-wide. A $501,880 home should be assessed near $283,412.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,812 below what the ratio math suggests (10.2%).
Step 4 · The tax rate — same for every Barrington home
$2.600 Schools · 52% $0.997 County · 20% $1.402 Town · 28%
Step 5 · The bill
This home vs. every recent Barrington sale · assessed ÷ market
32%71%
Paying about right
This home's ratio lands inside Barrington'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 |
|---|---|---|---|---|
| 300 COPLEY RD | 2026-03 | $535,000 | 1,845 | 38.3% |
| 34 CLARK DR | 2025-06 | $383,000 | 2,068 | 52.4% |
| 300 HUTCHINSON AVE | 2026-04 | $400,000 | 2,064 | 76.7% |
| 409 CLEMENTS BRIDGE RD | 2025-05 | $300,000 | 2,130 | 62.0% |
| 418 PRINCETON RD | 2025-11 | $490,000 | 1,828 | 44.2% |
| 525 AUSTIN AVE | 2025-01 | $350,888 | 1,800 | 48.2% |
| 342 TAVISTOCK BLVD | 2026-04 | $400,000 | 1,649 | 46.0% |
| 1224 MERCER DR | 2025-07 | $452,500 | 1,649 | 43.3% |
| 4 TIMBER DRIVE | 2025-03 | $402,000 | 1,993 | 46.7% |
| 416 COPLEY RD | 2025-09 | $431,000 | 1,650 | 47.5% |
| 407 PELTOMA RD | 2025-09 | $615,000 | 1,792 | 43.5% |
| 407 PELTOMA RD | 2025-05 | $450,000 | 1,792 | 59.5% |
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