The Fair Share Report

32 Juniper 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

≈ $670,347

Likely range $573,160 – $803,544, from 12 comparable Wayne sales in the past 18 months, at this home's 1,814 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 $670,347 home should be assessed near $240,118.

Step 3 · Assessed value

$557,300

Set at the last town-wide revaluation and mostly frozen since. That's $317,182 above what the ratio math suggests (132.1%).

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

$33,427/yr
Public schools$18,600
Passaic County$6,973
Town of Wayne$7,854
Wayne average$13,868

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

Town median 29.7%
This home · 83.1%

19%103%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (41.19%) — roughly $19,025/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8005 BRITTANY DR2026-04$570,0001,80433.9%
8015 BRITTANY DR2026-03$565,0001,80433.2%
8616 BRITTANY DR2026-04$600,0001,80431.3%
8028 BRITTANY DR2025-04$527,5001,80436.6%
8307 BRITTANY DR2025-02$555,0001,80432.2%
28 JOYCE LANE2025-05$800,0001,80625.9%
65 BRANDON AVE2025-08$600,0001,81236.7%
5 WILLS AVE2025-08$685,0002,12833.2%
37 FARMINGDALE RD2026-05$925,0001,78520.9%
30 ALPINE DR2025-11$770,0001,79835.1%
17 KING COURT2025-07$650,0001,74035.2%
7 KIRK TERR2025-07$861,0001,80029.2%

Is this your house?

Run your own report →

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 →