The Fair Share Report

67 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

≈ $603,502

Likely range $530,023 – $633,448, 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 $603,502 home should be assessed near $216,174.

Step 3 · Assessed value

$133,600

Set at the last town-wide revaluation and mostly frozen since. That's $82,574 below what the ratio math suggests (38.2%).

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

$8,013/yr
Public schools$4,459
Passaic County$1,672
Town of Wayne$1,883
Wayne average$13,868

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

Town median 29.7%
This home · 22.1%

16%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
498 PINES LAKE DR E2025-07$675,0001,77327.8%
37 SOUTH RD2026-06$510,0001,33421.3%
35 MINNS AVE2025-06$520,0001,88028.2%
217 ALPS RD2025-11$685,0001,65425.6%
27 CHESTNUT DR2025-03$605,0001,66632.3%
155A FORD ST2025-07$540,0001,90025.8%
202 NEWARK POMPTON TPKE2025-12$470,0001,61634.7%
1 SHORE RD2025-01$604,0001,37221.7%
153 RYERSON AVE2025-06$475,0001,40427.5%
132 LINDEN RD2026-03$640,0001,68027.9%
78 MAPLE LANE2026-05$650,0001,37835.3%
40 LITTLEWOOD CT2026-04$600,0001,61729.3%

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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 →