The Fair Share Report

13 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

≈ $481,849

Likely range $461,156 – $549,506, from 12 comparable Wantage sales in the past 18 months, at this home's 2,224 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 $481,849 home should be assessed near $311,274.

Step 3 · Assessed value

$345,700

Set at the last town-wide revaluation and mostly frozen since. That's $34,426 above what the ratio math suggests (11.1%).

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

$10,378/yr
Public schools$7,135
Sussex County$2,036
Town of Wantage$1,206
Wantage average$7,966

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

Town median 57.9%
This home · 71.7%

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
163 MUDTOWN RD2025-10$449,9992,17857.0%
4 DYER ROAD2025-04$550,0002,22656.0%
21 FAIRCHILD LN2025-04$451,0002,15152.5%
127 LAYTON RD2025-10$635,0002,13347.9%
87 MUDTOWN RD2026-06$530,0002,10245.1%
13 GATHERING RD2025-07$450,0002,29860.8%
23 AMERICAN WAY2025-02$476,5002,29861.8%
72 DECKER RD2025-01$500,0002,25263.8%
14 SPRING HOLLOW RD2025-10$360,0002,12957.7%
18 VANDERGOOT RD2025-10$495,0002,25462.0%
23 NORTH FIELD DR2026-06$650,0002,45063.8%
135 NEILSON RD2025-08$459,0002,14064.3%

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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 →