The Fair Share Report
104 E Central Ave
Wharton, NJ 07643
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $434,483 – $558,975, from 12 comparable Wharton sales in the past 18 months, at this home's 1,512 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Wharton assessments sit below market value — republished every October, applied town-wide. A $543,375 home should be assessed near $502,405.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $171,105 below what the ratio math suggests (34.1%).
Step 4 · The tax rate — same for every Wharton home
$1.736 Schools · 67% $0.250 County · 10% $0.620 Town · 24%
This home's own bill implies $2.470 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Wharton sale · assessed ÷ market
54%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wharton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 152 PRINCETON AVE | 2025-03 | $575,000 | 1,600 | 62.3% |
| 20 E CLARENCE ST | 2025-03 | $525,000 | 1,454 | 79.6% |
| 14 OAK LN | 2026-03 | $535,000 | 1,436 | 74.4% |
| 40 IRONDALE RD | 2025-01 | $451,000 | 1,471 | 85.8% |
| 9 KITCHELL AVE | 2025-04 | $450,000 | 1,593 | 88.3% |
| 112 FERN AVE | 2026-01 | $400,000 | 1,392 | 93.3% |
| 34 W DEWEY AVE | 2025-03 | $515,000 | 1,854 | 85.2% |
| 33 MEADOW AVE | 2026-04 | $600,000 | 2,011 | 83.4% |
| 12 ATLANTA PL | 2025-02 | $505,000 | 1,366 | 83.8% |
| 160 E CENTRAL AVE | 2025-01 | $500,000 | 1,366 | 84.7% |
| 36 KITCHELL AVE | 2026-04 | $500,000 | 1,292 | 83.1% |
| 15 ORCHARD ST | 2025-01 | $520,000 | 1,804 | 84.6% |
Is this your house?
Run your own report →