The Fair Share Report
4 Dewitt 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $411,918 – $507,204, 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 $462,133 home should be assessed near $298,538.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,262 above what the ratio math suggests (11.1%).
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%86%
A touch high — worth watching
This home's ratio sits above most of Wantage, but doesn't clear NJ's legal appeal line (74.29%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 14 SPRING HOLLOW RD | 2025-10 | $360,000 | 2,129 | 57.7% |
| 21 FAIRCHILD LN | 2025-04 | $451,000 | 2,151 | 52.5% |
| 21 PROSPECT CI | 2026-01 | $450,000 | 2,077 | 52.6% |
| 19 PROSPECT CI | 2026-04 | $450,000 | 2,077 | 52.6% |
| 19 SPRING HOLLOW RD | 2025-02 | $400,000 | 2,034 | 45.0% |
| 13 GATHERING RD | 2025-07 | $450,000 | 2,298 | 60.8% |
| 23 AMERICAN WAY | 2025-02 | $476,500 | 2,298 | 61.8% |
| 85 CLARK RD | 2026-02 | $550,000 | 2,035 | 60.4% |
| 28 SALLY HARDEN RD | 2025-04 | $635,000 | 2,376 | 60.0% |
| 161 NEILSON RD | 2025-07 | $485,000 | 1,904 | 62.1% |
| 105 VALLEY RD | 2026-06 | $540,000 | 2,464 | 51.3% |
| 90 SHERMAN RIDGE RD | 2026-03 | $450,000 | 2,214 | 62.4% |
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