The Fair Share Report

23 Windsor Pl

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

≈ $722,623

Likely range $603,967 – $810,640, from 12 comparable Wayne sales in the past 18 months, at this home's 2,436 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 $722,623 home should be assessed near $258,844.

Step 3 · Assessed value

$255,300

Set at the last town-wide revaluation and mostly frozen since. That's $3,544 below what the ratio math suggests (1.4%).

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

$15,313/yr
Public schools$8,521
Passaic County$3,194
Town of Wayne$3,598
Wayne average$13,868

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

Town median 29.7%
This home · 35.3%

19%48%

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
285 LEVINBERG LANE2025-11$795,0002,38931.8%
252 LEVINBERG LANE2025-10$725,0002,38934.8%
238 LEVINBERG LANE2025-02$805,0002,38931.4%
37 CANTERBURY WAY2025-01$826,5002,60831.0%
24 PONDS CIRCLE2026-05$600,0002,42035.0%
16 PONDS CIRCLE2025-02$645,0002,42030.3%
801 FOUR SEASONS DR2025-12$530,00031.2%
53 PONDS CIRCLE2026-02$625,0002,52138.1%
29 PONDS CIRCLE2026-03$561,5002,33640.1%
1360 HAMBURG TPKE2025-05$440,0002,60035.6%
11 AGAWAM DR2025-10$760,0002,56236.8%
7 CHICOPEE DR2026-06$915,0002,42428.5%

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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 →