The Fair Share Report
92 Hardwick Ln
Wayne, NJ 07470
The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Wayne's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $738,200 – $901,899, from 12 comparable Wayne sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Wayne assessments sit below market value — republished every October, applied town-wide. A $847,964 home should be assessed near $303,741.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,241 below what the ratio math suggests (16.2%).
Step 4 · The tax rate — same for every Wayne home
$3.337 Schools · 56% $1.251 County · 21% $1.409 Town · 23%
Step 5 · The bill
This home vs. every recent Wayne sale · assessed ÷ market
19%47%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 109 CAROL PLACE | 2025-07 | $650,000 | 2,200 | 34.5% |
| 508 PINES LAKE DR E | 2026-06 | $750,000 | 2,242 | 30.7% |
| 66 LEONARD TERR | 2026-01 | $757,000 | 2,202 | 30.0% |
| 18 BREEN TERR | 2025-07 | $861,000 | 2,144 | 31.2% |
| 38 AUGUSTA DR | 2026-01 | $750,000 | 2,134 | 29.3% |
| 39 TERRACE RD | 2025-09 | $900,000 | 2,196 | 25.8% |
| 15 ELLA LANE | 2026-06 | $822,000 | 2,076 | 27.3% |
| 97 GREEN KNOLLS DR | 2025-09 | $900,000 | 2,336 | 27.1% |
| 258 TOTOWA RD | 2025-01 | $780,000 | 2,108 | 26.1% |
| 16 HIGHLAND TERR | 2025-10 | $887,030 | 2,316 | 32.4% |
| 12 HARMONY LANE | 2025-09 | $925,000 | 2,260 | 26.9% |
| 100 WILSON AVE | 2026-01 | $742,500 | 2,160 | 31.7% |
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