The Fair Share Report
192 Mohawk Trl
Wayne, NJ 07095
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 $648,529 – $768,044, from 12 comparable Wayne sales in the past 18 months, at this home's 1,820 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 $723,864 home should be assessed near $259,288.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,188 below what the ratio math suggests (29.8%).
Step 4 · The tax rate — same for every Wayne home
$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%
This home's own bill implies $5.861 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Wayne sale · assessed ÷ market
18%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 41 BRIARWOOD RD | 2025-06 | $665,000 | 1,672 | 26.8% |
| 1 LENAPE TRAIL | 2026-02 | $625,000 | 1,855 | 30.8% |
| 8 THOMAS TERR | 2025-07 | $730,000 | 1,730 | 28.9% |
| 110 CHESTNUT DR | 2025-08 | $750,000 | 1,715 | 33.1% |
| 153 CHESTNUT DR | 2026-06 | $725,000 | 1,718 | 27.6% |
| 142 GARSIDE AVE | 2025-07 | $529,000 | 1,692 | 30.0% |
| 53 HAMILTON AVE | 2025-04 | $775,000 | 1,830 | 25.7% |
| KNOX TERRACE | 2025-09 | $15,000 | — | 24.7% |
| 31 POINT VIEW PARKWAY | 2026-02 | $450,000 | — | 31.8% |
| 34 MORNING WATCH RD | 2025-06 | $720,000 | 1,920 | 29.3% |
| 185 OAKWOOD DR | 2025-05 | $630,000 | 1,768 | 32.7% |
| 10 HILLTOP TERR | 2025-10 | $725,000 | 1,847 | 31.8% |
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