The Fair Share Report
131 Mack 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 $587,247 – $800,086, 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 $751,359 home should be assessed near $269,137.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $120,237 below what the ratio math suggests (44.7%).
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
13%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 |
|---|---|---|---|---|
| 99 CHESTNUT DR | 2025-07 | $807,000 | 2,016 | 28.1% |
| 122 BALSAM RD | 2025-09 | $726,000 | 1,791 | 29.6% |
| 27 GRANDVIEW DR | 2025-10 | $566,000 | 1,764 | 38.9% |
| 18 SOUTH RD | 2026-05 | $650,000 | 2,275 | 26.1% |
| 44 CEDAR PLACE | 2025-04 | $728,000 | 1,664 | 29.1% |
| 17 CLIFFORD DR | 2026-04 | $830,000 | 1,870 | 26.8% |
| 278 FRENCH HILL RD | 2026-05 | $715,000 | 1,699 | 26.4% |
| 134 OAKWOOD DR | 2026-01 | $555,000 | 1,927 | 35.2% |
| 34 BERRY DR | 2025-11 | $709,000 | 1,852 | 30.4% |
| 65 BRANDON AVE | 2025-08 | $600,000 | 1,812 | 36.7% |
| 47 SENECA TRAIL | 2025-06 | $835,000 | 1,969 | 25.2% |
| 45 INDIAN RD | 2026-02 | $775,000 | 1,874 | 25.1% |
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