The Fair Share Report
62 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 $430,805 – $521,224, 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 $473,446 home should be assessed near $305,846.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $554 above what the ratio math suggests (0.2%).
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 |
|---|---|---|---|---|
| 6 GERALDINE DR | 2025-09 | $465,000 | 1,982 | 69.1% |
| 85 CLARK RD | 2026-02 | $550,000 | 2,035 | 60.4% |
| 2 ESTATE DR | 2025-12 | $580,000 | 2,062 | 48.1% |
| 20 CENTRAL SCHOOL RD | 2025-09 | $475,000 | 1,890 | 64.5% |
| 166 MUDTOWN RD | 2026-04 | $328,000 | 1,828 | 70.2% |
| 90 LIBERTYVILLE RD | 2025-09 | $515,000 | 2,082 | 71.5% |
| 161 NEILSON RD | 2025-07 | $485,000 | 1,904 | 62.1% |
| 19 SPRING HOLLOW RD | 2025-02 | $400,000 | 2,034 | 45.0% |
| 146 SALLY HARDEN RD | 2025-05 | $655,000 | 2,444 | 57.9% |
| 87 MUDTOWN RD | 2026-06 | $530,000 | 2,102 | 45.1% |
| 90 SHERMAN RIDGE RD | 2026-03 | $450,000 | 2,214 | 62.4% |
| 21 PROSPECT CI | 2026-01 | $450,000 | 2,077 | 52.6% |
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