The Fair Share Report
39 Tanager Ct
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 $494,282 – $553,695, from 12 comparable Wayne sales in the past 18 months, at this home's 1,478 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 $528,203 home should be assessed near $189,202.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,302 below what the ratio math suggests (4.4%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 66 SHEARWATER LANE | 2025-02 | $588,700 | 1,478 | 31.3% |
| 67 SHEARWATER LANE | 2025-01 | $530,000 | 1,478 | 34.6% |
| 611 BRITTANY DR | 2025-10 | $460,000 | 1,451 | 31.4% |
| 511 BRITTANY DR | 2026-04 | $515,000 | 1,451 | 28.0% |
| 146 GARSIDE AVE | 2026-02 | $500,000 | 1,548 | 30.4% |
| 144 GARSIDE AVE | 2025-11 | $535,000 | 1,548 | 28.1% |
| 40 LITTLEWOOD CT | 2026-04 | $600,000 | 1,617 | 29.3% |
| 44 LITTLEWOOD CT | 2026-03 | $588,160 | 1,570 | 27.3% |
| 6 HANSEN PLACE | 2026-04 | $605,000 | 1,616 | 24.4% |
| 9 HANSEN PLACE | 2025-04 | $628,750 | 1,616 | 23.7% |
| 15 LITTLEWOOD CT | 2026-05 | $625,000 | 1,617 | 26.6% |
| 703 FOUR SEASONS DR | 2026-06 | $510,000 | 1,525 | 29.9% |
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