The Fair Share Report

30 Westview 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

≈ $1,464,604

Likely range $1,219,707 – $1,764,012, 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 $1,464,604 home should be assessed near $524,621.

Step 3 · Assessed value

$600,200

Set at the last town-wide revaluation and mostly frozen since. That's $75,579 above what the ratio math suggests (14.4%).

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

$36,000/yr
Public schools$20,032
Passaic County$7,510
Town of Wayne$8,458
Wayne average$13,868

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

Town median 29.7%
This home · 41.0%

19%55%

A touch high — worth watching

This home's ratio sits above most of Wayne, but doesn't clear NJ's legal appeal line (41.19%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
156 CHEYENNE WAY2026-06$1,500,0004,40031.7%
43 HORIZON DR2025-05$1,420,0004,83934.8%
23 HORIZON DR2025-06$1,580,0004,73339.1%
1360 HAMBURG TPKE2025-08$925,0004,05025.6%
1360 HAMBURG TPKE2026-06$620,0003,95533.9%
801 FOUR SEASONS DR2025-12$530,00031.2%
111 CHOPIN DR2026-05$1,400,0004,78133.9%
115 LAKE DR E2025-01$1,700,0005,36524.6%
14 WEINMANNS BLVD2026-06$1,450,0005,12321.4%
32 APACHE RD2025-05$1,200,0004,39640.9%
17 SHADOW RIDGE RD2025-06$1,500,0004,07428.5%
1118 PINES LAKE DR W2025-10$2,430,0005,04133.3%

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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 →