The Fair Share Report
20 Cambridge Pl
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 $600,616 – $685,858, from 12 comparable Wayne sales in the past 18 months, at this home's 1,918 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 $637,916 home should be assessed near $228,502.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,998 above what the ratio math suggests (7.4%).
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
19%47%
A touch high — worth watching
This home's ratio sits above most of Wayne, but doesn't clear NJ's legal appeal line (41.19%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 111 WARBLER DR | 2025-07 | $755,001 | 2,010 | 31.6% |
| 95 WARBLER DR | 2025-02 | $580,000 | 2,010 | 39.3% |
| 107 WARBLER DR | 2025-04 | $701,000 | 2,011 | 29.9% |
| 55 BOBOLINK COURT | 2025-12 | $620,000 | 1,932 | 32.6% |
| 8616 BRITTANY DR | 2026-04 | $600,000 | 1,804 | 31.3% |
| 8028 BRITTANY DR | 2025-04 | $527,500 | 1,804 | 36.6% |
| 8307 BRITTANY DR | 2025-02 | $555,000 | 1,804 | 32.2% |
| 10 GANNET CT | 2026-06 | $700,000 | 1,920 | 30.5% |
| 59 MORNING WATCH RD | 2026-04 | $730,000 | 2,075 | 32.9% |
| 90 WARBLER DR | 2025-10 | $748,000 | 2,075 | 28.7% |
| 8005 BRITTANY DR | 2026-04 | $570,000 | 1,804 | 33.9% |
| 8015 BRITTANY DR | 2026-03 | $565,000 | 1,804 | 33.2% |
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