The Fair Share Report
56 Decker 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 $351,660 – $447,256, 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 $387,694 home should be assessed near $250,450.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,650 below what the ratio math suggests (5.5%).
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 |
|---|---|---|---|---|
| 84 ALDER TERR | 2025-09 | $312,000 | 1,452 | 59.3% |
| 11 BRINK RD | 2026-05 | $410,653 | 1,426 | 57.3% |
| 20 CENTRAL SCHOOL RD | 2025-09 | $475,000 | 1,890 | 64.5% |
| 827 GREENVILLE RD | 2026-01 | $440,000 | 1,530 | 66.2% |
| 57 LAYTON RD | 2025-03 | $400,000 | 1,470 | 60.6% |
| 102 BRINK RD | 2025-07 | $380,000 | 1,500 | 70.9% |
| 3 SMITH RD | 2025-12 | $363,000 | 1,340 | 66.6% |
| 37 FAIRCHILD LN | 2025-10 | $360,000 | 1,509 | 53.2% |
| 19 CARD RD | 2026-03 | $500,000 | 1,656 | 58.6% |
| 166 MUDTOWN RD | 2026-04 | $328,000 | 1,828 | 70.2% |
| 6 GERALDINE DR | 2025-09 | $465,000 | 1,982 | 69.1% |
| 161 NEILSON RD | 2025-07 | $485,000 | 1,904 | 62.1% |
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