The Fair Share Report

22 Robin 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

≈ $754,073

Likely range $652,396 – $799,069, from 12 comparable Wayne sales in the past 18 months, at this home's 1,716 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 $754,073 home should be assessed near $270,109.

Step 3 · Assessed value

$233,900

Set at the last town-wide revaluation and mostly frozen since. That's $36,209 below what the ratio math suggests (13.4%).

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

$14,029/yr
Public schools$7,807
Passaic County$2,927
Town of Wayne$3,296
Wayne average$13,868

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

Town median 29.7%
This home · 31.0%

19%47%

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
37 DEERFIELD RD2025-09$630,0001,72929.1%
30 PERRIN DR2026-05$660,0001,73628.9%
36 GARVEY RD2025-03$936,0001,73426.2%
27 STANFORD PLACE2026-02$753,0001,69927.9%
KNOX TERRACE2025-09$15,00024.7%
167 VALLEY RD2025-08$640,0001,75329.2%
7 MELANIE LANE2025-06$800,0001,71826.8%
15 STUCKLER LANE2026-06$950,0001,77123.8%
72 ATWOOD PLACE2025-09$790,0001,65126.6%
11 ELLA LANE2025-10$680,0001,72829.4%
31 GARFIELD RD2025-11$780,0001,77527.1%
28 KINGSTON RD2026-03$755,0001,68924.3%

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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 →