The Fair Share Report
41A Atherton Ct
Wayne, NJ 07012
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 $491,721 – $643,286, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).
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 $594,291 home should be assessed near $212,875.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $138,775 below what the ratio math suggests (65.2%).
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
6%47%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wayne pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 105 LIONSHEAD DR E | 2025-01 | $600,000 | 1,156 | 29.1% |
| 104 LIONSHEAD DR E | 2025-07 | $649,910 | 1,126 | 26.2% |
| 1147B VALLEY RD | 2025-01 | $345,000 | 1,080 | 30.4% |
| 96 LIONSHEAD DR E | 2026-06 | $655,000 | 1,197 | 27.3% |
| 711 INDIAN RD | 2025-02 | $536,000 | 1,196 | 44.4% |
| 83 FARMINGDALE RD | 2025-10 | $685,000 | 1,100 | 24.6% |
| 82 MICHAEL DR | 2025-11 | $597,000 | 1,104 | 31.4% |
| 94 MAC DONALD DR | 2026-06 | $620,000 | 1,127 | 29.4% |
| 4 PINE TERR | 2025-12 | $675,000 | 1,314 | 28.9% |
| 7A TOSCH AVE | 2025-02 | $577,000 | 1,300 | 30.8% |
| 812 BLACK OAK RIDGE RD | 2025-11 | $690,000 | 1,248 | 24.1% |
| 195 NEWARK POMPTON TPKE | 2025-11 | $450,000 | 1,308 | 31.1% |
Is this your house?
Run your own report →