The Fair Share Report

62 Moore 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.

Step 1 · Market value

≈ $388,193

Likely range $326,995 – $417,001, 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 $388,193 home should be assessed near $250,773.

Step 3 · Assessed value

$220,400

Set at the last town-wide revaluation and mostly frozen since. That's $30,373 below what the ratio math suggests (12.1%).

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

$6,616/yr
Public schools$4,549
Sussex County$1,298
Town of Wantage$769
Wantage average$7,966

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

Town median 57.9%
This home · 56.8%

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
3 SMITH RD2025-12$363,0001,34066.6%
84 ALDER TERR2025-09$312,0001,45259.3%
57 LAYTON RD2025-03$400,0001,47060.6%
20 CENTRAL SCHOOL RD2025-09$475,0001,89064.5%
102 BRINK RD2025-07$380,0001,50070.9%
11 BRINK RD2026-05$410,6531,42657.3%
100 GEMMER RD2025-04$280,0001,40066.8%
19 CARD RD2026-03$500,0001,65658.6%
37 FAIRCHILD LN2025-10$360,0001,50953.2%
166 MUDTOWN RD2026-04$328,0001,82870.2%
827 GREENVILLE RD2026-01$440,0001,53066.2%
171 MT SALEM RD2026-02$535,0001,48547.4%

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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 →