The Fair Share Report

63 Maple Ln

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

≈ $357,513

Likely range $322,222 – $384,615, from 12 comparable Wayne sales in the past 18 months, at this home's 800 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 $357,513 home should be assessed near $128,061.

Step 3 · Assessed value

$91,300

Set at the last town-wide revaluation and mostly frozen since. That's $36,761 below what the ratio math suggests (28.7%).

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

$5,476/yr
Public schools$3,047
Passaic County$1,142
Town of Wayne$1,287
Wayne average$13,868

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

Town median 29.7%
This home · 25.5%

18%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
15 SHORE RD2025-10$439,00083722.7%
7 SHORE RD2026-04$430,00077423.3%
4202 SCHINDLER LANE2025-08$280,00080439.8%
105 BEECH TERR2026-01$500,00078430.9%
901 BURGUNDY WAY2025-07$354,00078028.0%
720 BRITTANY DR2025-09$350,00077228.5%
521 BRITTANY DR2025-07$345,00077228.9%
2108 SCHINDLER LANE2026-05$350,00072829.3%
37-2B KNOX TERRACE2026-02$320,00072223.8%
16-2D KNOX TERRACE2025-10$305,00072224.9%
30 REDWOOD AVE2025-04$386,00090836.7%
1150-1B VALLEY RD2026-04$325,00072023.4%

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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 →