The Fair Share Report
44 Third St
Wharton, NJ 07885
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 $617,831 – $876,621, from 12 comparable Wharton 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 Wharton assessments sit below market value — republished every October, applied town-wide. A $769,167 home should be assessed near $711,172.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,572 below what the ratio math suggests (7.8%).
Step 4 · The tax rate — same for every Wharton home
$1.736 Schools · 67% $0.250 County · 10% $0.620 Town · 24%
This home's own bill implies $2.540 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Wharton sale · assessed ÷ market
63%112%
Paying about right
This home's ratio lands inside Wharton'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 |
|---|---|---|---|---|
| 103 BAKER AVE | 2025-06 | $610,000 | 2,622 | 78.3% |
| 4 OXFORD RD | 2025-03 | $605,000 | 2,296 | 85.6% |
| 17 ANDERSON RD | 2026-02 | $780,000 | 2,311 | 78.4% |
| 17 ANDERSON RD | 2025-04 | $716,000 | 2,311 | 85.4% |
| 95-97 FORD AVE | 2026-01 | $600,000 | 2,730 | 97.7% |
| 3-5 OXFORD RD | 2025-02 | $720,000 | 4,304 | 89.1% |
| 120-122 BIRCH ST | 2025-04 | $925,000 | 3,188 | 82.7% |
| 62 UNION ST | 2026-04 | $765,000 | 3,043 | 81.5% |
| 65 MICHIGAN AVE | 2025-04 | $575,000 | 1,924 | 68.6% |
| 33 MEADOW AVE | 2026-04 | $600,000 | 2,011 | 83.4% |
| 34 W DEWEY AVE | 2025-03 | $515,000 | 1,854 | 85.2% |
| 24165 WEST VIEW | 2025-06 | $330,000 | 1,473 | 113.4% |
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