The Fair Share Report
643 Rt 519
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 $662,197 – $846,372, 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 $742,922 home should be assessed near $479,928.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,772 above what the ratio math suggests (9.5%).
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%85%
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 |
|---|---|---|---|---|
| 17 MT SALEM | 2025-10 | $1,060,000 | 3,797 | 47.8% |
| 13 GATHERING RD | 2025-07 | $450,000 | 2,298 | 60.8% |
| 23 AMERICAN WAY | 2025-02 | $476,500 | 2,298 | 61.8% |
| 58 ARMSTRONG RD | 2026-06 | $400,000 | 2,532 | 93.5% |
| 21 FAIRCHILD LN | 2025-04 | $451,000 | 2,151 | 52.5% |
| 14 SPRING HOLLOW RD | 2025-10 | $360,000 | 2,129 | 57.7% |
| 15 MARC DR | 2025-11 | $660,000 | 2,724 | 55.4% |
| 19 PROSPECT CI | 2026-04 | $450,000 | 2,077 | 52.6% |
| 28 SALLY HARDEN RD | 2025-04 | $635,000 | 2,376 | 60.0% |
| 21 PROSPECT CI | 2026-01 | $450,000 | 2,077 | 52.6% |
| 61 COYKENDALL RD | 2026-05 | $650,000 | 2,480 | 47.0% |
| 19 SPRING HOLLOW RD | 2025-02 | $400,000 | 2,034 | 45.0% |
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