The Fair Share Report

21 Camillo 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

≈ $888,284

Likely range $832,244 – $932,658, 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 $888,284 home should be assessed near $318,183.

Step 3 · Assessed value

$334,600

Set at the last town-wide revaluation and mostly frozen since. That's $16,417 above what the ratio math suggests (5.2%).

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

$20,069/yr
Public schools$11,167
Passaic County$4,187
Town of Wayne$4,715
Wayne average$13,868

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

Town median 29.7%
This home · 37.7%

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)

AddressSoldPriceSq ftRatio
KNOX TERRACE2025-09$15,00024.7%
44 PIERMONT TERR2025-09$836,6342,97427.8%
7 KING COURT2025-07$925,0003,12427.0%
525 PINES LAKE DR2026-04$1,115,0002,91325.9%
4 HIGHFIELD COURT2026-04$910,0002,97427.4%
4 CORVAIR PLACE2025-09$815,0002,87232.4%
33 GEORGIA DR2026-05$935,0003,18632.0%
39 BRAEMAR DR2025-01$867,0002,83931.0%
18 HARWOOD PLACE2026-05$920,0003,23833.9%
25 FERN TERR2025-08$800,0002,88737.8%
1008 VALLEY RD2025-01$998,0003,20528.8%
11 ABERDEEN AVE2025-01$825,0003,24137.0%

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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 →