The Fair Share Report

34 Benson 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

≈ $936,933

Likely range $903,251 – $1,293,237, 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 $936,933 home should be assessed near $335,609.

Step 3 · Assessed value

$364,500

Set at the last town-wide revaluation and mostly frozen since. That's $28,891 above what the ratio math suggests (8.6%).

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

$21,863/yr
Public schools$12,165
Passaic County$4,561
Town of Wayne$5,137
Wayne average$13,868

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

Town median 29.7%
This home · 38.9%

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
16 WINONAH AVE2026-01$855,0002,96134.6%
4 PETER PLACE2025-03$952,0003,17228.5%
1316 ALPS RD2026-04$850,0003,22030.5%
15 COLONA RD2025-08$1,525,0003,16424.1%
10 TIMBERLINE DR2025-07$950,0003,00939.0%
4 BITOLA DR2025-06$972,0003,08234.5%
11 ROBIN HOOD WAY2026-01$1,250,0002,98926.6%
406 INDIAN RD2026-06$908,0002,95031.7%
10 EMERSON PLACE2025-08$875,0002,89733.1%
78 WEINMANNS BLVD2025-07$860,0002,91730.5%
59 LAAUWE AVE2026-06$1,265,0002,89426.6%
11 HUBBARDTON RD2025-08$1,200,0002,99729.4%

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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 →