The Fair Share Report

3 Smith 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.

Step 1 · Market value

≈ $364,626

Likely range $287,934 – $432,044, from 12 comparable Wantage sales in the past 18 months, at this home's 1,340 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 $364,626 home should be assessed near $235,548.

Step 3 · Assessed value

$241,700

Set at the last town-wide revaluation and mostly frozen since. That's $6,152 above what the ratio math suggests (2.6%).

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

$7,256/yr
Public schools$4,989
Sussex County$1,424
Town of Wantage$844
Wantage average$7,966

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

Town median 57.9%
This home · 66.3%

39%89%

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
57 LAYTON RD2025-03$400,0001,47060.6%
102 BRINK RD2025-07$380,0001,50070.9%
84 ALDER TERR2025-09$312,0001,45259.3%
166 MUDTOWN RD2026-04$328,0001,82870.2%
171 MT SALEM RD2026-02$535,0001,48547.4%
95 CRIGGER RD2025-02$442,0001,46860.0%
11 BRINK RD2026-05$410,6531,42657.3%
59 DECKER RD2025-05$550,0001,39944.4%
63 HAGGERTY RD2025-07$325,0001,00856.0%
100 GEMMER RD2025-04$280,0001,40066.8%
37 FAIRCHILD LN2025-10$360,0001,50953.2%
2 COURTLAND DR2026-02$465,0001,78049.6%

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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 →