The Fair Share Report

65 Maple Ln

Wayne, NJ 07442

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

≈ $429,491

Likely range $406,096 – $545,002, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).

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 $429,491 home should be assessed near $153,844.

Step 3 · Assessed value

$63,100

Set at the last town-wide revaluation and mostly frozen since. That's $90,744 below what the ratio math suggests (59.0%).

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

$3,785/yr
Public schools$2,106
Passaic County$790
Town of Wayne$889
Wayne average$13,868

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

Town median 29.7%
This home · 14.7%

6%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)

AddressSoldPriceSq ftRatio
2 CROW TRAIL2025-06$527,0001,08025.4%
8 CAYUGA TRAIL2025-01$535,0001,01625.3%
2112 SCHINDLER LANE2025-08$410,0001,07334.1%
1147B VALLEY RD2025-01$345,0001,08030.4%
33 SOUTH RD2025-05$400,0001,01227.8%
37 SOUTH RD2026-06$510,0001,33421.3%
1002 BRITTANY DR2025-10$421,5001,05529.3%
710 BRITTANY DR2025-10$435,0001,05528.4%
907 BURGUNDY WAY2025-05$435,0001,05528.4%
10 LAKE TRAIL E2026-06$550,0001,11625.4%
13 PARKSIDE COURT2026-01$395,0001,03834.8%
1017 BRITTANY DR2025-10$455,0001,02027.4%

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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 →