The Fair Share Report

10 E Field Dr

Wantage, NJ 07461

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

≈ $453,250

Likely range $420,239 – $528,156, from 12 comparable Wantage sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.60%

The state's official measure of how far Wantage assessments sit below market value — republished every October, applied town-wide. A $453,250 home should be assessed near $292,799.

Step 3 · Assessed value

$295,600

Set at the last town-wide revaluation and mostly frozen since. That's $2,801 above what the ratio math suggests (1.0%).

Step 4 · The tax rate — same for every Wantage home

$3.002 per $100 assessed

$2.064 Schools · 69% $0.589 County · 20% $0.349 Town · 12%

Step 5 · The bill

$8,874/yr
Public schools$6,101
Sussex County$1,741
Town of Wantage$1,032
Wantage average$7,966

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

Town median 57.9%
This home · 65.2%

39%80%

Paying about right

This home's ratio lands inside Wantage'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
85 CLARK RD2026-02$550,0002,03560.4%
21 PROSPECT CI2026-01$450,0002,07752.6%
19 PROSPECT CI2026-04$450,0002,07752.6%
14 SPRING HOLLOW RD2025-10$360,0002,12957.7%
90 SHERMAN RIDGE RD2026-03$450,0002,21462.4%
21 FAIRCHILD LN2025-04$451,0002,15152.5%
19 SPRING HOLLOW RD2025-02$400,0002,03445.0%
6 GERALDINE DR2025-09$465,0001,98269.1%
2 ESTATE DR2025-12$580,0002,06248.1%
24 BEEMER RD2025-08$475,0002,32657.1%
13 GATHERING RD2025-07$450,0002,29860.8%
23 AMERICAN WAY2025-02$476,5002,29861.8%

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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 →