The Fair Share Report
25 Eileen 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 $585,965 – $703,808, 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 $640,102 home should be assessed near $413,506.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,894 above what the ratio math suggests (2.2%).
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 |
|---|---|---|---|---|
| 2 MARC DR | 2026-05 | $610,000 | 2,896 | 57.0% |
| 6 GLORY LN | 2025-07 | $539,900 | 2,793 | 64.5% |
| 111 BEEMER CHURCH RD | 2025-07 | $515,000 | 2,910 | 60.4% |
| 74 ROSE MORROW RD | 2025-07 | $600,000 | 2,668 | 58.3% |
| 19 CREST RD | 2025-09 | $639,000 | 3,052 | 77.5% |
| 13 GATHERING RD | 2025-07 | $450,000 | 2,298 | 60.8% |
| 23 AMERICAN WAY | 2025-02 | $476,500 | 2,298 | 61.8% |
| 64 MUDTOWN RD | 2025-04 | $520,000 | 2,790 | 63.2% |
| 6 CLYDESDALE RIDGE RD | 2026-06 | $710,000 | 2,563 | 48.4% |
| 85 BRINK RD | 2025-04 | $510,000 | 2,580 | 52.5% |
| 33 QUARRY RD | 2025-12 | $580,000 | 2,576 | 49.6% |
| 9 DUNN PL | 2025-08 | $603,000 | 2,496 | 59.7% |
Is this your house?
Run your own report →