The Fair Share Report
16 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $535,750 – $704,755, 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 $589,880 home should be assessed near $381,062.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,938 above what the ratio math suggests (1.0%).
Step 4 · The tax rate — same for every Wantage home
$2.064 Schools · 69% $0.589 County · 20% $0.349 Town · 12%
Step 5 · The bill
This home vs. every recent Wantage sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 MARC DR | 2025-11 | $660,000 | 2,724 | 55.4% |
| 7 SOUTH FIELD DR | 2025-02 | $549,000 | 2,508 | 64.3% |
| 146 SALLY HARDEN RD | 2025-05 | $655,000 | 2,444 | 57.9% |
| 9 DUNN PL | 2025-08 | $603,000 | 2,496 | 59.7% |
| 105 VALLEY RD | 2026-06 | $540,000 | 2,464 | 51.3% |
| 74 ROSE MORROW RD | 2025-07 | $600,000 | 2,668 | 58.3% |
| 85 CLARK RD | 2026-02 | $550,000 | 2,035 | 60.4% |
| 13 GATHERING RD | 2025-07 | $450,000 | 2,298 | 60.8% |
| 23 AMERICAN WAY | 2025-02 | $476,500 | 2,298 | 61.8% |
| 24 BEEMER RD | 2025-08 | $475,000 | 2,326 | 57.1% |
| 90 SHERMAN RIDGE RD | 2026-03 | $450,000 | 2,214 | 62.4% |
| 28 SALLY HARDEN RD | 2025-04 | $635,000 | 2,376 | 60.0% |
Is this your house?
Run your own report →