The Fair Share Report
1032 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 $345,067 – $485,482, 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 $427,316 home should be assessed near $241,305.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,705 below what the ratio math suggests (11.1%).
Step 4 · The tax rate — same for every Barrington home
$2.600 Schools · 52% $0.997 County · 20% $1.402 Town · 28%
This home's own bill implies $4.883 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Barrington sale · assessed ÷ market
32%70%
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 |
|---|---|---|---|---|
| 525 AUSTIN AVE | 2025-01 | $350,888 | 1,800 | 48.2% |
| 416 COPLEY RD | 2025-09 | $431,000 | 1,650 | 47.5% |
| 300 COPLEY RD | 2026-03 | $535,000 | 1,845 | 38.3% |
| 342 TAVISTOCK BLVD | 2026-04 | $400,000 | 1,649 | 46.0% |
| 418 PRINCETON RD | 2025-11 | $490,000 | 1,828 | 44.2% |
| 1224 MERCER DR | 2025-07 | $452,500 | 1,649 | 43.3% |
| 528 DUBOIS AVE | 2026-03 | $350,000 | 1,524 | 50.5% |
| 325 ALBANY AVE | 2026-04 | $325,000 | 1,624 | 62.5% |
| 407 PELTOMA RD | 2025-09 | $615,000 | 1,792 | 43.5% |
| 407 PELTOMA RD | 2025-05 | $450,000 | 1,792 | 59.5% |
| 222 S MOORE AVE | 2025-07 | $315,000 | 1,506 | 54.4% |
| 525 CHARLES AVE | 2026-03 | $300,000 | 1,472 | 58.7% |
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