The Fair Share Report
15 Post 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $784,790 – $903,853, from 12 comparable Wayne sales in the past 18 months, at this home's 2,346 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 $887,337 home should be assessed near $317,844.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $118,344 below what the ratio math suggests (37.2%).
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 |
|---|---|---|---|---|
| 1666 HAMBURG TPKE | 2025-08 | $480,000 | 2,358 | 53.5% |
| 97 GREEN KNOLLS DR | 2025-09 | $900,000 | 2,336 | 27.1% |
| 508 PINES LAKE DR E | 2026-06 | $750,000 | 2,242 | 30.7% |
| 18 BREEN TERR | 2025-07 | $861,000 | 2,144 | 31.2% |
| 37 BROOKWOOD DR | 2025-06 | $921,000 | 2,435 | 33.0% |
| 16 HIGHLAND TERR | 2025-10 | $887,030 | 2,316 | 32.4% |
| 38 STIRLING LANE | 2025-12 | $865,000 | 2,326 | 33.1% |
| 19 MOUNTAIN RIDGE DR | 2025-08 | $885,000 | 2,319 | 29.2% |
| 75 LONGPORT RD | 2026-06 | $750,000 | 2,465 | 34.2% |
| 14 LOUISA CT | 2026-04 | $999,000 | 2,637 | 30.0% |
| 10 WINONAH AVE | 2026-06 | $999,999 | 2,368 | 25.9% |
| 14 ARUNDEL RD | 2025-07 | $835,000 | 2,283 | 31.0% |
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