The Fair Share Report

95 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

≈ $676,667

Likely range $580,703 – $710,500, from 12 comparable Wayne sales in the past 18 months, at this home's 1,624 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 $676,667 home should be assessed near $242,382.

Step 3 · Assessed value

$192,700

Set at the last town-wide revaluation and mostly frozen since. That's $49,682 below what the ratio math suggests (20.5%).

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

$11,558/yr
Public schools$6,431
Passaic County$2,411
Town of Wayne$2,716
Wayne average$13,868

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

Town median 29.7%
This home · 28.5%

19%47%

Paying about right

This home's ratio lands inside Wayne's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
44 CEDAR PLACE2025-04$728,0001,66429.1%
278 FRENCH HILL RD2026-05$715,0001,69926.4%
1347 ALPS RD2025-08$435,0001,58443.8%
10 LAKE DR W2026-06$800,0001,44531.0%
197 OAKWOOD DR2025-08$710,0001,65230.2%
60 HILLSIDE TERR2025-11$660,0001,58433.3%
36 JOYCE LANE2025-08$695,0001,61830.6%
58 VAN DUYNE AVE2025-11$250,0001,52639.4%
27 GRANDVIEW DR2025-10$566,0001,76438.9%
18 CHAPEL PLACE2025-10$590,0001,65028.2%
217 ALPS RD2025-11$685,0001,65425.6%
37 WENDT LANE2025-06$790,0001,59327.6%

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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 →