The Fair Share Report
14 Giannone Rd
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 $552,006 – $677,192, from 12 comparable Wayne sales in the past 18 months, at this home's 1,228 sq ft.
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 $610,064 home should be assessed near $218,525.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,725 below what the ratio math suggests (31.9%).
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
17%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 |
|---|---|---|---|---|
| 34 OAKWOOD DR | 2025-03 | $620,000 | 1,248 | 31.0% |
| 55 VALLEY VIEW TERR | 2025-09 | $702,000 | 1,238 | 27.9% |
| 53 LAUREL DR | 2025-02 | $565,000 | 1,230 | 26.9% |
| 15 JUDITH PLACE | 2025-04 | $718,000 | 1,302 | 24.6% |
| 22 WOODLOT RD | 2026-04 | $711,111 | 1,320 | 20.6% |
| 31 POINT VIEW PARKWAY | 2026-02 | $450,000 | — | 31.8% |
| 2 WHITE OAK LANE | 2026-05 | $720,000 | 1,382 | 23.9% |
| 91 BEECHWOOD DR | 2026-05 | $767,500 | 1,320 | 25.0% |
| 24 LAKE TRAIL E | 2025-06 | $625,000 | 1,286 | 23.9% |
| 14 VALHALLA WAY | 2025-12 | $590,000 | 1,464 | 32.5% |
| 16 HILLSIDE TERR | 2026-05 | $650,000 | 1,446 | 28.3% |
| 35 LENAPE TRAIL | 2025-06 | $560,000 | 1,287 | 27.8% |
Is this your house?
Run your own report →