The Fair Share Report
50 Juniper 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $717,957 – $867,008, 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 $745,656 home should be assessed near $267,094.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,706 above what the ratio math suggests (29.5%).
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%54%
A touch high — worth watching
This home's ratio sits above most of Wayne, but doesn't clear NJ's legal appeal line (41.19%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 47 SENECA TRAIL | 2025-06 | $835,000 | 1,969 | 25.2% |
| 77 GARSIDE AVE | 2026-04 | $740,000 | 1,980 | 27.3% |
| 62 ALPINE DR | 2026-06 | $825,000 | 1,909 | 31.2% |
| 100 WILSON AVE | 2026-01 | $742,500 | 2,160 | 31.7% |
| 4 CHARLOTTE TERR | 2025-03 | $770,000 | 2,008 | 29.3% |
| 28 JOYCE LANE | 2025-05 | $800,000 | 1,806 | 25.9% |
| 7 SWAN TERR | 2025-07 | $852,000 | 1,978 | 28.2% |
| 122 BALSAM RD | 2025-09 | $726,000 | 1,791 | 29.6% |
| 8 WEDGEWOOD DR | 2026-06 | $780,000 | 2,044 | 28.8% |
| 16 MARLO RD | 2025-12 | $752,000 | 2,020 | 30.8% |
| 65 BRANDON AVE | 2025-08 | $600,000 | 1,812 | 36.7% |
| 17 CLIFFORD DR | 2026-04 | $830,000 | 1,870 | 26.8% |
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