The Fair Share Report

21 Dwight St

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

≈ $897,364

Likely range $684,252 – $1,090,600, from 12 comparable Wayne sales in the past 18 months, at this home's 2,745 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 $897,364 home should be assessed near $321,436.

Step 3 · Assessed value

$323,100

Set at the last town-wide revaluation and mostly frozen since. That's $1,664 above what the ratio math suggests (0.5%).

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

$19,380/yr
Public schools$10,784
Passaic County$4,043
Town of Wayne$4,553
Wayne average$13,868

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

Town median 29.7%
This home · 36.0%

19%53%

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
2 STRATTON DR2025-07$1,075,0002,70827.6%
1360 HAMBURG TPKE2026-03$685,0002,74825.2%
1360 HAMBURG TPKE2025-07$520,0002,75531.3%
70 VERKADE DR2025-06$1,200,0002,69327.3%
49 PONDS CIRCLE2025-04$660,0002,63331.9%
8 TORBET DR2025-12$1,120,0002,81926.5%
214 WEBSTER DR2025-01$870,0002,68940.5%
1360 HAMBURG TPKE2025-05$440,0002,60035.6%
119 PLEASANT VW DR2025-10$865,0002,64634.1%
53 PONDS CIRCLE2026-02$625,0002,52138.1%
11 ROBIN HOOD WAY2026-01$1,250,0002,98926.6%
10 QUINCY CT2025-06$881,8002,60438.0%

Is this your house?

Run your own report →

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 →