The Fair Share Report

136 Levinberg Ln

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.

Step 1 · Market value

≈ $710,000

Likely range $691,000 – $754,000, from 12 comparable Wayne sales in the past 18 months, at this home's 2,146 sq ft.

Step 2 · The Director's Ratio

35.82%

The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $710,000 home should be assessed near $254,322.

Step 3 · Assessed value

$223,000

Set at the last town-wide revaluation and mostly frozen since. That's $31,322 below what the ratio math suggests (12.3%).

Step 4 · The tax rate — same for every Wayne home

$5.998 per $100 assessed

$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%

Step 5 · The bill

$13,376/yr
Public schools$7,443
Passaic County$2,790
Town of Wayne$3,143
Wayne average$13,868

This home vs. every recent Wayne sale · assessed ÷ market

Town median 29.7%
This home · 31.4%

19%47%

Paying about right

This home's ratio lands inside Wayne's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
138 LEVINBERG LANE2026-04$700,0002,14631.9%
249 LEVINBERG LANE2025-12$710,0002,14631.4%
200 LEVINBERG LANE2025-11$754,0002,14630.2%
140 LEVINBERG LANE2025-08$710,0002,14631.4%
134 LEVINBERG LANE2025-01$691,0002,14632.3%
5 WILLS AVE2025-08$685,0002,12833.2%
34 LEWIS ST2026-05$810,0002,10228.5%
59 SUMMER HILL RD2025-07$690,0002,11432.8%
285 LEVINBERG LANE2025-11$795,0002,38931.8%
252 LEVINBERG LANE2025-10$725,0002,38934.8%
238 LEVINBERG LANE2025-02$805,0002,38931.4%
24 FAIR RIDGE CT2025-11$670,0002,15836.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →