The Fair Share Report

3 Donna 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.

Step 1 · Market value

≈ $1,020,200

Likely range $917,755 – $1,131,063, from 12 comparable Wayne sales in the past 18 months, at this home's 2,910 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 $1,020,200 home should be assessed near $365,436.

Step 3 · Assessed value

$360,200

Set at the last town-wide revaluation and mostly frozen since. That's $5,236 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

$21,605/yr
Public schools$12,022
Passaic County$4,507
Town of Wayne$5,076
Wayne average$13,868

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

Town median 29.7%
This home · 35.3%

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
50 ATHERTON CT2025-01$1,050,0002,99533.6%
33 GATES PLACE2025-10$1,135,0003,04534.2%
6 DIANE CT2026-06$1,170,0002,92428.8%
14 DE HART COURT2026-06$1,250,0003,21626.6%
13 STONE HILL RD2025-11$1,300,0003,32228.0%
4 BITOLA DR2025-06$972,0003,08234.5%
89 PANCAKE HOLLOW DR2025-10$1,250,0003,38529.3%
1360 HAMBURG TPKE2025-07$520,0002,75531.3%
1360 HAMBURG TPKE2026-03$685,0002,74825.2%
285 LEVINBERG LANE2025-11$795,0002,38931.8%
252 LEVINBERG LANE2025-10$725,0002,38934.8%
238 LEVINBERG LANE2025-02$805,0002,38931.4%

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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 →