The Fair Share Report

34 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

≈ $1,178,785

Likely range $1,073,217 – $1,340,980, from 12 comparable Wayne sales in the past 18 months, at this home's 4,017 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 $1,178,785 home should be assessed near $422,241.

Step 3 · Assessed value

$410,800

Set at the last town-wide revaluation and mostly frozen since. That's $11,441 below what the ratio math suggests (2.7%).

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

$24,640/yr
Public schools$13,711
Passaic County$5,140
Town of Wayne$5,789
Wayne average$13,868

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

Town median 29.7%
This home · 34.8%

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
1360 HAMBURG TPKE2025-08$925,0004,05025.6%
1360 HAMBURG TPKE2026-06$620,0003,95533.9%
17 SHADOW RIDGE RD2025-06$1,500,0004,07428.5%
106 PANCAKE HOLLOW DR2025-10$1,130,0003,61238.8%
16 VIZCAYA COURT2025-09$1,125,0003,96240.7%
23 HORIZON DR2025-06$1,580,0004,73339.1%
63 WESTVIEW RD2025-11$1,620,0004,23230.4%
535 COLFAX RD2025-01$1,030,0004,01434.3%
16 SHADOW RIDGE RD2025-11$1,350,0003,96832.5%
32 APACHE RD2025-05$1,200,0004,39640.9%
153 CHOPIN DR2025-04$999,0003,32138.6%
43 HORIZON DR2025-05$1,420,0004,83934.8%

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 →