The Fair Share Report

2 Coniston Ct

Wayne, NJ 07470

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Wayne's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $655,850

Likely range $590,265 – $690,000, from 12 comparable Wayne sales in the past 18 months, at this home's 1,906 sq ft.

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 $655,850 home should be assessed near $234,925.

Step 3 · Assessed value

$181,300

Set at the last town-wide revaluation and mostly frozen since. That's $53,625 below what the ratio math suggests (22.8%).

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

$10,874/yr
Public schools$6,051
Passaic County$2,268
Town of Wayne$2,555
Wayne average$13,868

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

Town median 29.7%
This home · 27.6%

19%47%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
32 GREENUP CT2025-10$690,0001,90631.6%
133 EASEDALE RD2026-02$690,0001,94831.8%
55 BOBOLINK COURT2025-12$620,0001,93232.6%
6 DOWITCHER CT2025-09$562,0001,92433.1%
7 CONISTON CT2026-03$650,0001,88929.2%
8 TOMAHAWK DRIVE2026-06$730,0001,91530.5%
10 GANNET CT2026-06$700,0001,92030.5%
10 GREENUP CT2026-02$625,0001,88933.4%
111 WARBLER DR2025-07$755,0012,01031.6%
95 WARBLER DR2025-02$580,0002,01039.3%
28 EASEDALE RD2026-02$585,0001,88935.4%
28 GREENUP CT2025-10$660,0001,88930.7%

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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 →