The Fair Share Report

22 Benson 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

≈ $661,731

Likely range $599,333 – $766,154, from 12 comparable Wayne sales in the past 18 months, at this home's 1,660 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 $661,731 home should be assessed near $237,032.

Step 3 · Assessed value

$259,600

Set at the last town-wide revaluation and mostly frozen since. That's $22,568 above what the ratio math suggests (9.5%).

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

$15,571/yr
Public schools$8,664
Passaic County$3,248
Town of Wayne$3,658
Wayne average$13,868

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

Town median 29.7%
This home · 39.2%

19%49%

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
142 GARSIDE AVE2025-07$529,0001,69230.0%
67 DARLINGTON DR2025-12$700,0001,75633.1%
72 ATWOOD PLACE2025-09$790,0001,65126.6%
18 STANFORD PLACE2026-04$712,0001,63429.9%
27 STANFORD PLACE2026-02$753,0001,69927.9%
1 HANSEN PLACE2025-03$595,0001,64832.7%
23 ATWOOD PLACE2025-05$750,0001,62528.9%
10 RUTGERS COURT2025-10$690,0001,64830.2%
146 GARSIDE AVE2026-02$500,0001,54830.4%
144 GARSIDE AVE2025-11$535,0001,54828.1%
104 LIONSHEAD DR W2026-06$865,0001,87223.0%
18 CHANDLER DR2025-05$687,0001,85638.1%

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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 →