The Fair Share Report
27 N 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $473,896 – $693,872, from 12 comparable Wayne sales in the past 18 months, at this home's 1,288 sq ft.
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 $661,644 home should be assessed near $237,001.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,801 below what the ratio math suggests (32.0%).
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
18%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 |
|---|---|---|---|---|
| 7A TOSCH AVE | 2025-02 | $577,000 | 1,300 | 30.8% |
| 19 LEO PLACE | 2025-06 | $489,000 | 1,360 | 25.4% |
| 29 STYLON RD | 2025-06 | $675,000 | 1,288 | 20.8% |
| 703 BRITTANY DR | 2026-03 | $486,000 | 1,331 | 28.9% |
| 15 JUDITH PLACE | 2025-04 | $718,000 | 1,302 | 24.6% |
| 39 PARKSIDE COURT | 2025-03 | $475,000 | 1,291 | 37.9% |
| 21 SANDRA LANE | 2025-02 | $630,000 | 1,300 | 28.5% |
| 24 SANDRA LANE | 2025-05 | $680,000 | 1,300 | 27.5% |
| 28 STYLON RD | 2025-09 | $510,000 | 1,504 | 30.2% |
| 104 LIONSHEAD DR E | 2025-07 | $649,910 | 1,126 | 26.2% |
| 34 OAKWOOD DR | 2025-03 | $620,000 | 1,248 | 31.0% |
| 44 CANTON RD | 2025-11 | $735,000 | 1,275 | 24.2% |
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