The Fair Share Report

26 Juniper 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

≈ $637,917

Likely range $588,280 – $678,233, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $637,917 home should be assessed near $228,502.

Step 3 · Assessed value

$356,700

Set at the last town-wide revaluation and mostly frozen since. That's $128,198 above what the ratio math suggests (56.1%).

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

$21,395/yr
Public schools$11,905
Passaic County$4,463
Town of Wayne$5,027
Wayne average$13,868

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

Town median 29.7%
This home · 55.9%

19%66%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (41.19%) — roughly $7,689/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
58 VAN DUYNE AVE2025-11$250,0001,52639.4%
1347 ALPS RD2025-08$435,0001,58443.8%
10 LAKE DR W2026-06$800,0001,44531.0%
44 CEDAR PLACE2025-04$728,0001,66429.1%
651 ALPS RD2025-06$592,0001,51430.6%
60 HILLSIDE TERR2025-11$660,0001,58433.3%
42 CECILIA DR2025-08$690,0001,50632.2%
16 DALEWOOD RD2025-10$585,0001,58929.4%
278 FRENCH HILL RD2026-05$715,0001,69926.4%
154 CLAREMONT TERR2026-01$661,0001,53624.5%
197 OAKWOOD DR2025-08$710,0001,65230.2%
1 WILLS AVE2025-03$520,0001,26025.1%

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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 →