The Fair Share Report
192 Oldham Rd
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 $659,456 – $839,463, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).
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 $794,941 home should be assessed near $284,748.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $105,448 below what the ratio math suggests (37.0%).
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
16%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 |
|---|---|---|---|---|
| 30 ALPINE DR | 2025-11 | $770,000 | 1,798 | 35.1% |
| 65 BRANDON AVE | 2025-08 | $600,000 | 1,812 | 36.7% |
| 34 BERRY DR | 2025-11 | $709,000 | 1,852 | 30.4% |
| 28 JOYCE LANE | 2025-05 | $800,000 | 1,806 | 25.9% |
| 37 FARMINGDALE RD | 2026-05 | $925,000 | 1,785 | 20.9% |
| 48 DEERFIELD RD | 2026-04 | $832,000 | 1,813 | 27.2% |
| 7 KIRK TERR | 2025-07 | $861,000 | 1,800 | 29.2% |
| 1006 BLACK OAK RIDGE RD | 2026-06 | $660,000 | 1,786 | 24.8% |
| 17 CLIFFORD DR | 2026-04 | $830,000 | 1,870 | 26.8% |
| 45 INDIAN RD | 2026-02 | $775,000 | 1,874 | 25.1% |
| 31 GARFIELD RD | 2025-11 | $780,000 | 1,775 | 27.1% |
| 116 CAROL PLACE | 2026-06 | $950,000 | 1,848 | 22.4% |
Is this your house?
Run your own report →