The Fair Share Report

30 Brandywine 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

≈ $699,571

Likely range $588,808 – $758,844, 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 $699,571 home should be assessed near $250,586.

Step 3 · Assessed value

$184,800

Set at the last town-wide revaluation and mostly frozen since. That's $65,786 below what the ratio math suggests (26.3%).

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

$11,084/yr
Public schools$6,168
Passaic County$2,312
Town of Wayne$2,604
Wayne average$13,868

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

Town median 29.7%
This home · 26.4%

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 NORMANDY DR2025-04$826,0001,61125.9%
42 CECILIA DR2025-08$690,0001,50632.2%
78 VAN DUYNE AVE2025-12$582,0001,68529.0%
26 BRANDYWINE RD2025-07$750,0001,43015.3%
16 DALEWOOD RD2025-10$585,0001,58929.4%
KNOX TERRACE2025-09$15,00024.7%
69 ALLEN DR2025-07$700,0001,73631.8%
53 MOUNTAIN RIDGE DR2025-06$722,0001,74431.7%
651 ALPS RD2025-06$592,0001,51430.6%
1347 ALPS RD2025-08$435,0001,58443.8%
95 MAC DONALD DR2025-09$700,0001,51229.4%
88 HINCHMAN AVE2026-03$725,0001,52023.6%

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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 →