The Fair Share Report
6 Fairpark Pl
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 $625,591 – $744,464, 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 $664,655 home should be assessed near $238,079.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,879 below what the ratio math suggests (40.7%).
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
14%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 |
|---|---|---|---|---|
| 651 ALPS RD | 2025-06 | $592,000 | 1,514 | 30.6% |
| 42 DEERFIELD RD | 2025-06 | $660,000 | 1,459 | 27.4% |
| 37 WENDT LANE | 2025-06 | $790,000 | 1,593 | 27.6% |
| 36 JOYCE LANE | 2025-08 | $695,000 | 1,618 | 30.6% |
| 27 DIXON PLACE | 2025-09 | $830,000 | 1,614 | 26.9% |
| 29 ROLLING HILLS DR | 2025-12 | $750,000 | 1,456 | 25.4% |
| 60 HILLSIDE TERR | 2025-11 | $660,000 | 1,584 | 33.3% |
| 10 RUTGERS COURT | 2025-10 | $690,000 | 1,648 | 30.2% |
| 23 ATWOOD PLACE | 2025-05 | $750,000 | 1,625 | 28.9% |
| 42 CECILIA DR | 2025-08 | $690,000 | 1,506 | 32.2% |
| 33 EVELYN TERR | 2025-07 | $690,000 | 1,697 | 30.5% |
| 21 DUBEL RD | 2025-10 | $690,000 | 1,579 | 25.1% |
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