The Fair Share Report

210 Fairfield Rd

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

≈ $321,898

Likely range $306,917 – $361,061, from 12 comparable Wayne sales in the past 18 months, at this home's 762 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 $321,898 home should be assessed near $115,304.

Step 3 · Assessed value

$71,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,504 below what the ratio math suggests (37.7%).

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

$4,307/yr
Public schools$2,396
Passaic County$898
Town of Wayne$1,012
Wayne average$13,868

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

Town median 29.7%
This home · 22.3%

14%47%

Keep quiet and enjoy it

This home's assessment ratio sits below the Wayne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
32 COTTONWOOD RD2026-04$450,00078435.7%
575 BLACK OAK RIDGE RD2025-03$437,00085030.3%
105 BEECH TERR2026-01$500,00078430.9%
37-2B KNOX TERRACE2026-02$320,00072223.8%
16-2D KNOX TERRACE2025-10$305,00072224.9%
208 FAYETTE AVE2025-03$215,00089137.4%
1150-1B VALLEY RD2026-04$325,00072023.4%
1120-1B VALLEY RD2026-02$290,00072026.2%
1124-1B VALLEY RD2026-01$285,00072026.7%
1132-1A VALLEY RD2025-12$280,00072027.1%
43-2B KNOX TERRACE2025-11$290,00072026.2%
66-1B KNOX TERRACE2025-08$300,00072025.3%

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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 →