The Fair Share Report
22 Ryan 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 $446,895 – $614,584, 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 $529,973 home should be assessed near $342,363.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,263 below what the ratio math suggests (0.4%).
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%82%
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 |
|---|---|---|---|---|
| 72 DECKER RD | 2025-01 | $500,000 | 2,252 | 63.8% |
| 85 BRINK RD | 2025-04 | $510,000 | 2,580 | 52.5% |
| 87 MUDTOWN RD | 2026-06 | $530,000 | 2,102 | 45.1% |
| 110 MUDTOWN RD | 2025-08 | $505,000 | 2,638 | 70.6% |
| 135 NEILSON RD | 2025-08 | $459,000 | 2,140 | 64.3% |
| 90 LIBERTYVILLE RD | 2025-09 | $515,000 | 2,082 | 71.5% |
| 64 MUDTOWN RD | 2025-04 | $520,000 | 2,790 | 63.2% |
| 23 NORTH FIELD DR | 2026-06 | $650,000 | 2,450 | 63.8% |
| 33 QUARRY RD | 2025-12 | $580,000 | 2,576 | 49.6% |
| 111 BEEMER CHURCH RD | 2025-07 | $515,000 | 2,910 | 60.4% |
| 23 ESTATE DR | 2025-07 | $635,000 | 2,472 | 51.1% |
| 154 SALLY HARDEN RD | 2025-07 | $505,000 | 2,624 | 64.7% |
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