The Fair Share Report
369 Rt 565
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 $317,951 – $364,878, from 12 comparable Wantage sales in the past 18 months, at this home's 1,056 sq ft.
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 $340,476 home should be assessed near $219,947.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,547 below what the ratio math suggests (23.4%).
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%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 |
|---|---|---|---|---|
| 63 HAGGERTY RD | 2025-07 | $325,000 | 1,008 | 56.0% |
| 31 BERGEN AVE | 2025-08 | $350,000 | 1,056 | 43.4% |
| 29 HILLSIDE DR | 2026-03 | $340,000 | 984 | 40.9% |
| 59 DECKER RD | 2025-05 | $550,000 | 1,399 | 44.4% |
| 7 COURTLAND DR | 2025-08 | $380,000 | 1,054 | 51.8% |
| 95 CRIGGER RD | 2025-02 | $442,000 | 1,468 | 60.0% |
| 211 RT 565 | 2025-09 | $390,000 | 1,140 | 56.1% |
| 84 ALDER TERR | 2025-09 | $312,000 | 1,452 | 59.3% |
| 720 RT 519 | 2026-06 | $350,000 | 1,020 | 58.5% |
| 40 ELKHORN TR | 2025-04 | $325,000 | 1,008 | 37.5% |
| 37 FILE RD | 2026-02 | $341,650 | 1,607 | 63.3% |
| 103 LOWER UNIONVILLE RD | 2025-11 | $150,000 | 924 | 135.5% |
Is this your house?
Run your own report →