The Fair Share Report

21 Berry 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.

Step 1 · Market value

≈ $1,035,367

Likely range $861,806 – $1,200,426, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $1,035,367 home should be assessed near $370,868.

Step 3 · Assessed value

$395,700

Set at the last town-wide revaluation and mostly frozen since. That's $24,832 above what the ratio math suggests (6.7%).

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

$23,734/yr
Public schools$13,207
Passaic County$4,951
Town of Wayne$5,576
Wayne average$13,868

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

Town median 29.7%
This home · 38.2%

19%51%

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)

AddressSoldPriceSq ftRatio
53 PALMER DR2025-05$1,175,0003,49727.8%
134 ANDOVER DR2026-01$775,0003,37235.0%
48 KATHLEEN COURT2025-01$865,0003,80236.7%
11 ABERDEEN AVE2025-01$825,0003,24137.0%
21 FAIRMOUNT RD2025-06$1,050,0003,38430.1%
84 BRANDON AVE2026-06$1,199,0003,62823.4%
6 KIPP CT2025-09$980,0003,35033.0%
61 CARLISLE RD2026-04$1,265,0003,41323.4%
33 GEORGIA DR2026-05$935,0003,18632.0%
60 BRANDON AVE2025-12$680,0003,23438.0%
822 VALLEY RD2025-01$1,180,0003,54224.2%
11 COPLEY COURT2025-02$950,0003,31133.2%

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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 →