The Fair Share Report

62 Fieldstone 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.

Step 1 · Market value

≈ $796,259

Likely range $715,062 – $848,428, from 12 comparable Wayne sales in the past 18 months, at this home's 1,812 sq ft.

Step 2 · The Director's Ratio

35.82%

The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $796,259 home should be assessed near $285,220.

Step 3 · Assessed value

$213,700

Set at the last town-wide revaluation and mostly frozen since. That's $71,520 below what the ratio math suggests (25.1%).

Step 4 · The tax rate — same for every Wayne home

$5.998 per $100 assessed

$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%

Step 5 · The bill

$12,818/yr
Public schools$7,132
Passaic County$2,674
Town of Wayne$3,012
Wayne average$13,868

This home vs. every recent Wayne sale · assessed ÷ market

Town median 29.7%
This home · 26.8%

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)

AddressSoldPriceSq ftRatio
32 AUGUSTA DR2026-03$780,0001,83227.1%
51 CARLISLE RD2026-03$840,0001,79426.8%
15 STUCKLER LANE2026-06$950,0001,77123.8%
KNOX TERRACE2025-09$15,00024.7%
26 GREENRALE AVE2026-04$782,0001,87928.2%
31 GARFIELD RD2025-11$780,0001,77527.1%
116 CAROL PLACE2026-06$950,0001,84822.4%
3 LYLE AVE2025-01$815,0001,78628.4%
7 KIRK TERR2025-07$861,0001,80029.2%
48 DEERFIELD RD2026-04$832,0001,81327.2%
15 COVENTRY RD2025-08$749,0001,89830.2%
35 MEDFORD PLACE2025-11$735,0001,89837.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →