The Fair Share Report
106 Lyons Ave
Wayne, NJ 07508
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 $389,760 – $608,284, from 12 comparable Wayne 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 Wayne assessments sit below market value — republished every October, applied town-wide. A $572,689 home should be assessed near $205,137.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $136,537 below what the ratio math suggests (66.6%).
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
6%47%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wayne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 82 MICHAEL DR | 2025-11 | $597,000 | 1,104 | 31.4% |
| 31 MICHAEL DR | 2026-06 | $695,000 | 1,014 | 28.9% |
| 26 GRAHAM AVE | 2025-07 | $625,000 | 1,084 | 27.1% |
| 94 MAC DONALD DR | 2026-06 | $620,000 | 1,127 | 29.4% |
| 83 FARMINGDALE RD | 2025-10 | $685,000 | 1,100 | 24.6% |
| 30 SUNSET TERR | 2025-08 | $350,000 | 1,106 | 54.8% |
| 1147B VALLEY RD | 2025-01 | $345,000 | 1,080 | 30.4% |
| 11 RAYS CT | 2025-04 | $615,000 | 1,004 | 24.6% |
| 55 VALLEY VIEW TERR | 2025-09 | $702,000 | 1,238 | 27.9% |
| 105 LIONSHEAD DR E | 2025-01 | $600,000 | 1,156 | 29.1% |
| 15 DALEWOOD RD | 2025-12 | $475,000 | 1,261 | 32.5% |
| 44 CANTON RD | 2025-11 | $735,000 | 1,275 | 24.2% |
Is this your house?
Run your own report →