The Fair Share Report
765 Rt 23
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 $682,151 – $867,638, from 12 comparable Wantage sales in the past 18 months, at this home's 3,660 sq ft.
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 $766,298 home should be assessed near $495,029.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $170,729 below what the ratio math suggests (34.5%).
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
32%80%
Keep quiet and enjoy it
This home's assessment ratio sits below the Wantage pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 MARC DR | 2026-05 | $610,000 | 2,896 | 57.0% |
| 19 CREST RD | 2025-09 | $639,000 | 3,052 | 77.5% |
| 1210 RT 23 | 2025-07 | $400,000 | 2,604 | 70.1% |
| 111 BEEMER CHURCH RD | 2025-07 | $515,000 | 2,910 | 60.4% |
| 6 GLORY LN | 2025-07 | $539,900 | 2,793 | 64.5% |
| 17 MT SALEM | 2025-10 | $1,060,000 | 3,797 | 47.8% |
| 6 CLYDESDALE RIDGE RD | 2026-06 | $710,000 | 2,563 | 48.4% |
| 20 NORTH FIELD DR | 2025-12 | $590,000 | 2,396 | 56.2% |
| 7 FLAGSTONE HILL RD | 2026-06 | $1,090,000 | 4,598 | 70.0% |
| 33 QUARRY RD | 2025-12 | $580,000 | 2,576 | 49.6% |
| 110 MUDTOWN RD | 2025-08 | $505,000 | 2,638 | 70.6% |
| 37 ROSE MORROW RD | 2025-12 | $545,000 | 2,444 | 61.0% |
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