The Fair Share Report
111 Ford 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $657,691 – $855,711, 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 $759,304 home should be assessed near $271,983.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,483 below what the ratio math suggests (34.4%).
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
15%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 |
|---|---|---|---|---|
| 26 AUDUBON PKWY | 2025-10 | $625,000 | 2,314 | 27.4% |
| 30 SINCLAIR DR | 2025-10 | $749,000 | 2,176 | 30.9% |
| 11 AMHERST CT | 2025-01 | $846,000 | 2,214 | 31.7% |
| 27 COLVILLE RD | 2026-01 | $689,000 | 2,186 | 27.4% |
| 26 GIANNONE RD | 2025-10 | $770,000 | 2,172 | 28.7% |
| 16 AGAWAM DR | 2026-02 | $915,000 | 2,214 | 29.1% |
| 35 DARLINGTON DR | 2026-04 | $940,000 | 2,245 | 25.9% |
| 31 MYRTLE AVE | 2025-06 | $680,000 | 2,002 | 31.5% |
| 5 FERNDALE RD | 2026-04 | $710,000 | 2,146 | 27.3% |
| 19 HOLYOKE RD | 2025-11 | $815,000 | 2,284 | 34.0% |
| 29 PONDS CIRCLE | 2026-03 | $561,500 | 2,336 | 40.1% |
| 11 KING COURT | 2025-01 | $830,000 | 2,077 | 26.2% |
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