The Fair Share Report

2 Marc 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

≈ $572,465

Likely range $557,348 – $652,050, from 12 comparable Wantage sales in the past 18 months, at this home's 2,896 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 $572,465 home should be assessed near $369,812.

Step 3 · Assessed value

$347,800

Set at the last town-wide revaluation and mostly frozen since. That's $22,012 below what the ratio math suggests (6.0%).

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

$10,441/yr
Public schools$7,179
Sussex County$2,049
Town of Wantage$1,214
Wantage average$7,966

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

Town median 57.9%
This home · 60.8%

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
6 GLORY LN2025-07$539,9002,79364.5%
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%
64 MUDTOWN RD2025-04$520,0002,79063.2%
85 BRINK RD2025-04$510,0002,58052.5%
74 ROSE MORROW RD2025-07$600,0002,66858.3%
110 MUDTOWN RD2025-08$505,0002,63870.6%
154 SALLY HARDEN RD2025-07$505,0002,62464.7%
23 NORTH FIELD DR2026-06$650,0002,45063.8%
13 GATHERING RD2025-07$450,0002,29860.8%
23 AMERICAN WAY2025-02$476,5002,29861.8%

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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 →