The Fair Share Report
30 Park 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $809,693 – $963,721, from 12 comparable Wayne sales in the past 18 months, at this home's 2,790 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 $860,901 home should be assessed near $308,375.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $150,875 below what the ratio math suggests (48.9%).
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
11%47%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wayne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 54 BALSAM RD | 2025-06 | $1,165,000 | 3,481 | 24.7% |
| 18 SOUTH RD | 2026-05 | $650,000 | 2,275 | 26.1% |
| 55 LEWIS ST | 2025-06 | $799,999 | 2,631 | 25.5% |
| 595 HAMBURG TPKE | 2025-01 | $981,000 | 3,118 | 28.4% |
| 99 BEECH TERR | 2026-05 | $815,000 | 2,494 | 26.4% |
| 4 LENAPE TRAIL | 2025-09 | $650,000 | 2,312 | 33.5% |
| 25 FERN TERR | 2025-08 | $800,000 | 2,887 | 37.8% |
| 8 TORBET DR | 2025-12 | $1,120,000 | 2,819 | 26.5% |
| 9 GATES PLACE | 2025-11 | $1,100,000 | 2,756 | 30.9% |
| 39 BRAEMAR DR | 2025-01 | $867,000 | 2,839 | 31.0% |
| 4 HIGHFIELD COURT | 2026-04 | $910,000 | 2,974 | 27.4% |
| 53 SUNSET TERR | 2025-08 | $760,000 | 2,463 | 34.5% |
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