The Fair Share Report
376 Central Ave
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 $509,676 – $690,803, from 12 comparable Wayne sales in the past 18 months, at this home's 1,436 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 $657,928 home should be assessed near $235,670.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $86,870 below what the ratio math suggests (36.9%).
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
16%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 26 BRANDYWINE RD | 2025-07 | $750,000 | 1,430 | 15.3% |
| 42 CECILIA DR | 2025-08 | $690,000 | 1,506 | 32.2% |
| 90 WEINMANNS BLVD | 2025-12 | $885,000 | 1,932 | 30.9% |
| 1087 RATZER RD | 2025-09 | $635,000 | 1,320 | 29.0% |
| 511 BRITTANY DR | 2026-04 | $515,000 | 1,451 | 28.0% |
| 611 BRITTANY DR | 2025-10 | $460,000 | 1,451 | 31.4% |
| 58 VAN DUYNE AVE | 2025-11 | $250,000 | 1,526 | 39.4% |
| 50 NORMANDY DR | 2025-04 | $826,000 | 1,611 | 25.9% |
| 249 PARISH DR | 2026-05 | $690,000 | 1,900 | 30.1% |
| 249 PARISH DR | 2025-12 | $500,000 | 1,900 | 41.5% |
| 85 SHEFFIELD RD | 2025-10 | $805,000 | 1,264 | 22.4% |
| 752 RATZER RD | 2025-08 | $750,000 | 1,567 | 28.1% |
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