The Fair Share Report

6 Rt 284

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

≈ $540,935

Likely range $497,513 – $602,020, from 12 comparable Wantage sales in the past 18 months (home size estimated from assessor data — range widened).

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 $540,935 home should be assessed near $349,444.

Step 3 · Assessed value

$368,800

Set at the last town-wide revaluation and mostly frozen since. That's $19,356 above what the ratio math suggests (5.5%).

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%

Step 5 · The bill

$11,071/yr
Public schools$7,612
Sussex County$2,172
Town of Wantage$1,287
Wantage average$7,966

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

Town median 57.9%
This home · 68.2%

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
7 NEWMAN RD2026-03$375,0001,90061.6%
110 MUDTOWN RD2025-08$505,0002,63870.6%
1210 RT 232025-07$400,0002,60470.1%
1 GERALDINE DR2025-05$445,0001,97252.0%
65 HAGGERTY RD2025-04$405,0002,15763.3%
33 QUARRY RD2025-12$580,0002,57649.6%
19 CREST RD2025-09$639,0003,05277.5%
6 CLYDESDALE RIDGE RD2026-06$710,0002,56348.4%
85 BRINK RD2025-04$510,0002,58052.5%
13 GATHERING RD2025-07$450,0002,29860.8%
23 AMERICAN WAY2025-02$476,5002,29861.8%
20 NORTH FIELD DR2025-12$590,0002,39656.2%

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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 →