The Fair Share Report
108 Rt 565
Wantage, NJ 07438
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 $245,125 – $379,251, from 12 comparable Wantage 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 Wantage assessments sit below market value — republished every October, applied town-wide. A $335,466 home should be assessed near $216,711.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,989 above what the ratio math suggests (2.8%).
Step 4 · The tax rate — same for every Wantage home
$2.064 Schools · 69% $0.589 County · 20% $0.349 Town · 12%
This home's own bill implies $2.255 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Wantage sale · assessed ÷ market
39%96%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 860 GREENVILLE RD | 2025-07 | $305,000 | 1,744 | 89.5% |
| 84 ALDER TERR | 2025-09 | $312,000 | 1,452 | 59.3% |
| 54 LEWISBURG RD | 2025-01 | $350,000 | 1,088 | 50.1% |
| 37 FAIRCHILD LN | 2025-10 | $360,000 | 1,509 | 53.2% |
| 827 GREENVILLE RD | 2026-01 | $440,000 | 1,530 | 66.2% |
| 11 BRINK RD | 2026-05 | $410,653 | 1,426 | 57.3% |
| 3 GERALDINE DR | 2025-06 | $425,822 | 1,228 | 50.8% |
| 15 MUDTOWN RD | 2025-02 | $390,000 | 1,260 | 54.1% |
| 211 RT 565 | 2025-09 | $390,000 | 1,140 | 56.1% |
| 313 RT 519 | 2025-08 | $195,000 | 1,290 | 100.3% |
| 53 WALNUT ST | 2026-04 | $335,535 | 1,292 | 38.7% |
| 122 RT 284 | 2025-03 | $390,000 | 1,300 | 58.3% |
Is this your house?
Run your own report →