The Fair Share Report

16 Eileen Dr

Wantage, NJ 07461

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Wantage's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $760,016

Likely range $691,373 – $878,317, from 12 comparable Wantage sales in the past 18 months (home size estimated from assessor data — range widened).

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 $760,016 home should be assessed near $490,970.

Step 3 · Assessed value

$498,100

Set at the last town-wide revaluation and mostly frozen since. That's $7,130 above what the ratio math suggests (1.5%).

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

$14,953/yr
Public schools$10,281
Sussex County$2,934
Town of Wantage$1,738
Wantage average$7,966

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

Town median 57.9%
This home · 65.5%

39%80%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2 MARC DR2026-05$610,0002,89657.0%
6 GLORY LN2025-07$539,9002,79364.5%
7 FLAGSTONE HILL RD2026-06$1,090,0004,59870.0%
6 CLYDESDALE RIDGE RD2026-06$710,0002,56348.4%
111 BEEMER CHURCH RD2025-07$515,0002,91060.4%
33 QUARRY RD2025-12$580,0002,57649.6%
74 ROSE MORROW RD2025-07$600,0002,66858.3%
17 MT SALEM2025-10$1,060,0003,79747.8%
13 GATHERING RD2025-07$450,0002,29860.8%
23 AMERICAN WAY2025-02$476,5002,29861.8%
19 CREST RD2025-09$639,0003,05277.5%
64 MUDTOWN RD2025-04$520,0002,79063.2%

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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 →