The Fair Share Report

81 Hardwick 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

≈ $768,021

Likely range $685,788 – $823,642, from 12 comparable Wayne sales in the past 18 months, at this home's 2,268 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 $768,021 home should be assessed near $275,105.

Step 3 · Assessed value

$282,000

Set at the last town-wide revaluation and mostly frozen since. That's $6,895 above what the ratio math suggests (2.5%).

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

$16,914/yr
Public schools$9,412
Passaic County$3,528
Town of Wayne$3,974
Wayne average$13,868

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

Town median 29.7%
This home · 36.7%

19%47%

A touch high — worth watching

This home's ratio sits above most of Wayne, but doesn't clear NJ's legal appeal line (41.19%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
58 HARDWICK LANE2025-10$679,5002,15636.0%
789 BLACK OAK RIDGE RD2024-12$660,0002,32228.6%
886 ALPS RD2025-04$705,0002,02535.0%
70 WEINMANNS BLVD2026-03$760,0002,39437.9%
111 LAKE DR E2025-03$975,0002,29433.7%
47 SUNSET TERR2025-07$889,0002,19028.2%
18 SOUTH RD2026-05$650,0002,27526.1%
169 HILLCREST DR2026-03$825,0002,41535.2%
474 NEWARK POMPTON TPKE2025-05$575,0001,69831.2%
53 CHOPIN DR2025-10$700,0002,31535.0%
33 KNOLL RD2025-03$922,0002,21830.6%
249 PARISH DR2026-05$690,0001,90030.1%

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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 →