The Fair Share Report
13 Cook Rd
Wayne, NJ 07438
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 $504,224 – $564,843, 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 $533,480 home should be assessed near $191,093.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,407 above what the ratio math suggests (0.7%).
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
19%47%
A touch high — worth watching
This home's ratio sits above most of Wayne, but doesn't clear NJ's legal appeal line (41.19%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 703 FOUR SEASONS DR | 2026-06 | $510,000 | 1,525 | 29.9% |
| 511 FOUR SEASONS DR | 2026-03 | $545,000 | 1,525 | 28.0% |
| 1302 FOUR SEASONS DR | 2025-11 | $510,000 | 1,525 | 29.7% |
| 103 FOUR SEASONS DR | 2025-11 | $480,000 | 1,525 | 31.5% |
| 1410 FOUR SEASONS DR | 2025-05 | $569,000 | 1,525 | 26.8% |
| 516 FOUR SEASONS DR | 2026-04 | $585,000 | 1,599 | 28.3% |
| 416 FOUR SEASONS DR | 2026-02 | $570,000 | 1,599 | 29.0% |
| 705 FOUR SEASONS DR | 2026-01 | $559,000 | 1,599 | 29.6% |
| 1308 FOUR SEASONS DR | 2025-09 | $590,000 | 1,599 | 27.8% |
| 1101 FOUR SEASONS DR | 2025-08 | $540,000 | 1,599 | 30.6% |
| 1404 FOUR SEASONS DR | 2024-12 | $590,000 | 1,599 | 28.0% |
| 714 FOUR SEASONS DR | 2026-02 | $530,000 | 1,626 | 29.0% |
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