The Fair Share Report

39 Alpine 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

≈ $263,095

Likely range $222,680 – $300,000, from 12 comparable Wantage sales in the past 18 months, at this home's 816 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 $263,095 home should be assessed near $169,959.

Step 3 · Assessed value

$150,000

Set at the last town-wide revaluation and mostly frozen since. That's $19,959 below what the ratio math suggests (11.7%).

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%

This home's own bill implies $2.738 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,107/yr
Public schools$2,824
Sussex County$806
Town of Wantage$477
Wantage average$7,966

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

Town median 57.9%
This home · 57.0%

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)

AddressSoldPriceSq ftRatio
67 NORTH SHORE DR2025-09$300,00081634.1%
61 FERNWOOD RD2026-05$149,00080568.3%
2 TOMAHAWK TR2026-02$340,00083644.5%
70 ALPINE RD2025-07$400,00085837.8%
18 NORTH SHORE DR2025-10$320,00086440.7%
59 LAKEVIEW DR2025-11$220,0001,10552.2%
14 WOODLAND RD2025-02$330,0001,03046.7%
93 RT 2842026-06$278,3501,02059.5%
720 RT 5192026-06$350,0001,02058.5%
277 UNIONVILLE RD2025-05$260,00086060.7%
40 ELKHORN TR2025-04$325,0001,00837.5%
7 COURTLAND DR2025-08$380,0001,05451.8%

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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 →