The Fair Share Report

19 Danielle 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

≈ $1,188,683

Likely range $992,022 – $1,248,064, 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 $1,188,683 home should be assessed near $425,786.

Step 3 · Assessed value

$403,100

Set at the last town-wide revaluation and mostly frozen since. That's $22,686 below what the ratio math suggests (5.3%).

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

$24,178/yr
Public schools$13,454
Passaic County$5,044
Town of Wayne$5,681
Wayne average$13,868

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

Town median 29.7%
This home · 33.9%

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
801 FOUR SEASONS DR2025-12$530,00031.2%
14 ALMADERA DR2025-10$999,9003,25336.4%
18 DANIELLE DR2025-10$1,300,0003,53627.9%
6 SHERRY CT2026-04$1,080,0003,23236.1%
3 SHERRY CT2026-02$1,300,0003,49528.8%
3 ARMSTRONG AVE2025-06$1,200,0003,39327.3%
1 TODD TERR2025-12$1,388,0003,25829.6%
295 FRENCH HILL RD2025-08$995,0003,28033.1%
3 DIORIO COURT2025-01$940,0003,23235.6%
8 WHEELER RD2025-10$1,025,0003,25640.1%
26 STRATTON DR2026-01$1,400,0003,54329.6%
7 BRENTWOOD CT2025-03$1,060,0002,99431.7%

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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 →