The Fair Share Report

30 Alpine Dr

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

≈ $790,107

Likely range $656,429 – $924,297, from 12 comparable Wayne sales in the past 18 months, at this home's 1,798 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 $790,107 home should be assessed near $283,016.

Step 3 · Assessed value

$270,000

Set at the last town-wide revaluation and mostly frozen since. That's $13,016 below what the ratio math suggests (4.6%).

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

$16,195/yr
Public schools$9,011
Passaic County$3,378
Town of Wayne$3,805
Wayne average$13,868

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

Town median 29.7%
This home · 34.2%

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
65 BRANDON AVE2025-08$600,0001,81236.7%
37 FARMINGDALE RD2026-05$925,0001,78520.9%
7 KIRK TERR2025-07$861,0001,80029.2%
1006 BLACK OAK RIDGE RD2026-06$660,0001,78624.8%
31 GARFIELD RD2025-11$780,0001,77527.1%
3 LYLE AVE2025-01$815,0001,78628.4%
37 DEERFIELD RD2025-09$630,0001,72929.1%
30 PERRIN DR2026-05$660,0001,73628.9%
167 VALLEY RD2025-08$640,0001,75329.2%
36 GARVEY RD2025-03$936,0001,73426.2%
51 CARLISLE RD2026-03$840,0001,79426.8%
116 CAROL PLACE2026-06$950,0001,84822.4%

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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 →