The Fair Share Report
16 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $355,914 – $497,867, 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 $399,302 home should be assessed near $257,949.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,251 above what the ratio math suggests (21.8%).
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%94%
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 |
|---|---|---|---|---|
| 161 NEILSON RD | 2025-07 | $485,000 | 1,904 | 62.1% |
| 827 GREENVILLE RD | 2026-01 | $440,000 | 1,530 | 66.2% |
| 19 SPRING HOLLOW RD | 2025-02 | $400,000 | 2,034 | 45.0% |
| 84 ALDER TERR | 2025-09 | $312,000 | 1,452 | 59.3% |
| 21 PROSPECT CI | 2026-01 | $450,000 | 2,077 | 52.6% |
| 19 PROSPECT CI | 2026-04 | $450,000 | 2,077 | 52.6% |
| 58 ARMSTRONG RD | 2026-06 | $400,000 | 2,532 | 93.5% |
| 14 SPRING HOLLOW RD | 2025-10 | $360,000 | 2,129 | 57.7% |
| 860 GREENVILLE RD | 2025-07 | $305,000 | 1,744 | 89.5% |
| 21 FAIRCHILD LN | 2025-04 | $451,000 | 2,151 | 52.5% |
| 37 FAIRCHILD LN | 2025-10 | $360,000 | 1,509 | 53.2% |
| 61 COYKENDALL RD | 2026-05 | $650,000 | 2,480 | 47.0% |
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