The Fair Share Report

9 Haddon Rd

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

≈ $720,088

Likely range $663,105 – $812,726, from 12 comparable Wayne sales in the past 18 months, at this home's 1,771 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 $720,088 home should be assessed near $257,936.

Step 3 · Assessed value

$277,200

Set at the last town-wide revaluation and mostly frozen since. That's $19,264 above what the ratio math suggests (7.5%).

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

$16,626/yr
Public schools$9,252
Passaic County$3,468
Town of Wayne$3,906
Wayne average$13,868

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

Town median 29.7%
This home · 38.5%

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
30 ALPINE DR2025-11$770,0001,79835.1%
48 DEERFIELD RD2026-04$832,0001,81327.2%
11 ELLA LANE2025-10$680,0001,72829.4%
7 MELANIE LANE2025-06$800,0001,71826.8%
37 DEERFIELD RD2025-09$630,0001,72929.1%
31 GARFIELD RD2025-11$780,0001,77527.1%
267 CHURCH LANE2025-10$650,0001,73627.5%
30 PERRIN DR2026-05$660,0001,73628.9%
167 VALLEY RD2025-08$640,0001,75329.2%
36 GARVEY RD2025-03$936,0001,73426.2%
34 BERRY DR2025-11$709,0001,85230.4%
15 STUCKLER LANE2026-06$950,0001,77123.8%

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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 →