The Fair Share Report

116 Moore Rd

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

≈ $663,080

Likely range $608,523 – $762,731, from 12 comparable Wantage sales in the past 18 months, at this home's 3,148 sq ft.

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 $663,080 home should be assessed near $428,350.

Step 3 · Assessed value

$378,100

Set at the last town-wide revaluation and mostly frozen since. That's $50,250 below what the ratio math suggests (11.7%).

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

$11,351/yr
Public schools$7,804
Sussex County$2,227
Town of Wantage$1,320
Wantage average$7,966

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

Town median 57.9%
This home · 57.0%

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
74 ROSE MORROW RD2025-07$600,0002,66858.3%
2 MARC DR2026-05$610,0002,89657.0%
6 GLORY LN2025-07$539,9002,79364.5%
154 SALLY HARDEN RD2025-07$505,0002,62464.7%
9 DUNN PL2025-08$603,0002,49659.7%
23 NORTH FIELD DR2026-06$650,0002,45063.8%
64 MUDTOWN RD2025-04$520,0002,79063.2%
18 VANDERGOOT RD2025-10$495,0002,25462.0%
15 MARC DR2025-11$660,0002,72455.4%
4 DYER ROAD2025-04$550,0002,22656.0%
111 BEEMER CHURCH RD2025-07$515,0002,91060.4%
23 ESTATE DR2025-07$635,0002,47251.1%

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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 →