The Fair Share Report
38 Rt 628
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 $271,762 – $350,528, 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 $307,270 home should be assessed near $198,496.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,696 below what the ratio math suggests (14.5%).
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 |
|---|---|---|---|---|
| 211 RT 565 | 2025-09 | $390,000 | 1,140 | 56.1% |
| 103 LOWER UNIONVILLE RD | 2025-11 | $150,000 | 924 | 135.5% |
| 15 MUDTOWN RD | 2025-02 | $390,000 | 1,260 | 54.1% |
| 63 HAGGERTY RD | 2025-07 | $325,000 | 1,008 | 56.0% |
| 93 RT 284 | 2026-06 | $278,350 | 1,020 | 59.5% |
| 3 SMITH RD | 2025-12 | $363,000 | 1,340 | 66.6% |
| 11 BRINK RD | 2026-05 | $410,653 | 1,426 | 57.3% |
| 53 WALNUT ST | 2026-04 | $335,535 | 1,292 | 38.7% |
| 59 LAKEVIEW DR | 2025-11 | $220,000 | 1,105 | 52.2% |
| 57 LAYTON RD | 2025-03 | $400,000 | 1,470 | 60.6% |
| 720 RT 519 | 2026-06 | $350,000 | 1,020 | 58.5% |
| 19 CARD RD | 2026-03 | $500,000 | 1,656 | 58.6% |
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