The Fair Share Report
52 N 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 $456,043 – $654,708, 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 $588,287 home should be assessed near $210,724.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,024 below what the ratio math suggests (43.7%).
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
13%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 |
|---|---|---|---|---|
| 1 WILLS AVE | 2025-03 | $520,000 | 1,260 | 25.1% |
| 85 SHEFFIELD RD | 2025-10 | $805,000 | 1,264 | 22.4% |
| 58 VAN DUYNE AVE | 2025-11 | $250,000 | 1,526 | 39.4% |
| 812 BLACK OAK RIDGE RD | 2025-11 | $690,000 | 1,248 | 24.1% |
| 1087 RATZER RD | 2025-09 | $635,000 | 1,320 | 29.0% |
| 15 DALEWOOD RD | 2025-12 | $475,000 | 1,261 | 32.5% |
| 111 WEINMANNS BLVD | 2025-08 | $550,000 | 1,102 | 33.0% |
| 24 LAKE TRAIL E | 2025-06 | $625,000 | 1,286 | 23.9% |
| 26 BRANDYWINE RD | 2025-07 | $750,000 | 1,430 | 15.3% |
| 95 MAC DONALD DR | 2025-09 | $700,000 | 1,512 | 29.4% |
| 711 INDIAN RD | 2025-02 | $536,000 | 1,196 | 44.4% |
| 129 TERHUNE DR | 2025-05 | $425,000 | 1,240 | 34.9% |
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