The Fair Share Report
202 Warbler 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $602,042 – $774,066, 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 $701,844 home should be assessed near $251,401.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,601 below what the ratio math suggests (9.8%).
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%
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 |
|---|---|---|---|---|
| 39 CAREY ARTHUR DR | 2026-05 | $745,000 | 2,419 | 26.6% |
| 87 BUTTERNUT DR | 2026-06 | $720,000 | 2,419 | 29.1% |
| 29 PONDS CIRCLE | 2026-03 | $561,500 | 2,336 | 40.1% |
| 24 PONDS CIRCLE | 2026-05 | $600,000 | 2,420 | 35.0% |
| 16 PONDS CIRCLE | 2025-02 | $645,000 | 2,420 | 30.3% |
| 285 LEVINBERG LANE | 2025-11 | $795,000 | 2,389 | 31.8% |
| 252 LEVINBERG LANE | 2025-10 | $725,000 | 2,389 | 34.8% |
| 238 LEVINBERG LANE | 2025-02 | $805,000 | 2,389 | 31.4% |
| 75 SPRING HILL CIRCLE | 2025-06 | $625,000 | 2,366 | 33.5% |
| 27 SUMMER HILL RD | 2025-04 | $695,000 | 2,366 | 34.4% |
| 24 FAIR RIDGE CT | 2025-11 | $670,000 | 2,158 | 36.3% |
| 31 GANNET CT | 2026-04 | $775,000 | 2,075 | 27.8% |
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