The Fair Share Report
163 Ford 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 $531,189 – $614,876, from 12 comparable Wayne sales in the past 18 months, at this home's 1,699 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 $574,693 home should be assessed near $205,855.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,655 below what the ratio math suggests (47.0%).
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
12%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 |
|---|---|---|---|---|
| 155A FORD ST | 2025-07 | $540,000 | 1,900 | 25.8% |
| 132 LINDEN RD | 2026-03 | $640,000 | 1,680 | 27.9% |
| 142 GARSIDE AVE | 2025-07 | $529,000 | 1,692 | 30.0% |
| 153 CHESTNUT DR | 2026-06 | $725,000 | 1,718 | 27.6% |
| 158 WOODHAVEN DR | 2026-01 | $570,000 | 1,575 | 28.8% |
| 1 HANSEN PLACE | 2025-03 | $595,000 | 1,648 | 32.7% |
| 27 CHESTNUT DR | 2025-03 | $605,000 | 1,666 | 32.3% |
| 1106 FOUR SEASONS DR | 2025-08 | $573,000 | 1,629 | 29.2% |
| 1015 FOUR SEASONS DR | 2025-04 | $551,015 | 1,629 | 30.4% |
| 407 FOUR SEASONS DR | 2025-02 | $564,000 | 1,629 | 29.5% |
| 8605 BRITTANY DR | 2026-05 | $480,000 | 1,628 | 35.3% |
| 8717 BRITTANY DR | 2026-03 | $505,000 | 1,628 | 33.7% |
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