The Fair Share Report

19 Camillo Dr

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

≈ $751,652

Likely range $710,287 – $814,288, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $751,652 home should be assessed near $269,242.

Step 3 · Assessed value

$235,300

Set at the last town-wide revaluation and mostly frozen since. That's $33,942 below what the ratio math suggests (12.6%).

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

$14,113/yr
Public schools$7,853
Passaic County$2,944
Town of Wayne$3,316
Wayne average$13,868

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

Town median 29.7%
This home · 31.3%

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
KNOX TERRACE2025-09$15,00024.7%
4 CHARLOTTE TERR2025-03$770,0002,00829.3%
47 SENECA TRAIL2025-06$835,0001,96925.2%
122 WEBSTER DR2026-02$703,0001,89836.1%
62 ALPINE DR2026-06$825,0001,90931.2%
7 HANOVER PLACE2025-09$725,0001,94827.6%
84 BALDWIN TERR2025-09$700,0001,95833.3%
15 COVENTRY RD2025-08$749,0001,89830.2%
14 CHARLOTTE TERR2025-09$650,0001,96233.2%
40 MONTEREY DR2025-05$870,0001,93224.1%
41 TOWSEN RD2026-04$885,0002,14429.9%
32 BRAEMAR DR2025-10$750,0001,92832.1%

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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 →