The Fair Share Report

65 Rt 628

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

≈ $743,478

Likely range $659,291 – $888,265, 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 $743,478 home should be assessed near $480,287.

Step 3 · Assessed value

$492,600

Set at the last town-wide revaluation and mostly frozen since. That's $12,313 above what the ratio math suggests (2.6%).

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

$14,788/yr
Public schools$10,167
Sussex County$2,901
Town of Wantage$1,719
Wantage average$7,966

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

Town median 57.9%
This home · 66.3%

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
15 MARC DR2025-11$660,0002,72455.4%
7 SOUTH FIELD DR2025-02$549,0002,50864.3%
146 SALLY HARDEN RD2025-05$655,0002,44457.9%
105 VALLEY RD2026-06$540,0002,46451.3%
154 SALLY HARDEN RD2025-07$505,0002,62464.7%
23 ESTATE DR2025-07$635,0002,47251.1%
74 ROSE MORROW RD2025-07$600,0002,66858.3%
61 COYKENDALL RD2026-05$650,0002,48047.0%
64 MUDTOWN RD2025-04$520,0002,79063.2%
24 BEEMER RD2025-08$475,0002,32657.1%
9 DUNN PL2025-08$603,0002,49659.7%
111 BEEMER CHURCH RD2025-07$515,0002,91060.4%

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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 →