The Fair Share Report
232 Levinberg Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $667,364 – $833,354, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $748,064 home should be assessed near $267,957.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,457 below what the ratio math suggests (18.8%).
Step 4 · The tax rate — same for every Wayne home
$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%
Step 5 · The bill
This home vs. every recent Wayne sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 285 LEVINBERG LANE | 2025-11 | $795,000 | 2,389 | 31.8% |
| 252 LEVINBERG LANE | 2025-10 | $725,000 | 2,389 | 34.8% |
| 238 LEVINBERG LANE | 2025-02 | $805,000 | 2,389 | 31.4% |
| 22 SUMMER HILL RD | 2024-12 | $679,500 | 2,448 | 37.1% |
| 75 SPRING HILL CIRCLE | 2025-06 | $625,000 | 2,366 | 33.5% |
| 27 SUMMER HILL RD | 2025-04 | $695,000 | 2,366 | 34.4% |
| 87 BUTTERNUT DR | 2026-06 | $720,000 | 2,419 | 29.1% |
| 987 VALLEY RD | 2025-06 | $993,987 | 2,598 | 31.8% |
| 39 CAREY ARTHUR DR | 2026-05 | $745,000 | 2,419 | 26.6% |
| 37 CANTERBURY WAY | 2025-01 | $826,500 | 2,608 | 31.0% |
| 801 FOUR SEASONS DR | 2025-12 | $530,000 | — | 31.2% |
| 35 MULFORD DR | 2025-04 | $520,000 | 2,455 | 46.3% |
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