The Fair Share Report
83 Rt 284
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 $697,492 – $837,218, 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 $744,692 home should be assessed near $481,071.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,229 above what the ratio math suggests (3.4%).
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 |
|---|---|---|---|---|
| 17 MT SALEM | 2025-10 | $1,060,000 | 3,797 | 47.8% |
| 15 MARC DR | 2025-11 | $660,000 | 2,724 | 55.4% |
| 28 SALLY HARDEN RD | 2025-04 | $635,000 | 2,376 | 60.0% |
| 61 COYKENDALL RD | 2026-05 | $650,000 | 2,480 | 47.0% |
| 13 GATHERING RD | 2025-07 | $450,000 | 2,298 | 60.8% |
| 23 AMERICAN WAY | 2025-02 | $476,500 | 2,298 | 61.8% |
| 105 VALLEY RD | 2026-06 | $540,000 | 2,464 | 51.3% |
| 74 ROSE MORROW RD | 2025-07 | $600,000 | 2,668 | 58.3% |
| 58 ARMSTRONG RD | 2026-06 | $400,000 | 2,532 | 93.5% |
| 9 DUNN PL | 2025-08 | $603,000 | 2,496 | 59.7% |
| 21 FAIRCHILD LN | 2025-04 | $451,000 | 2,151 | 52.5% |
| 14 SPRING HOLLOW RD | 2025-10 | $360,000 | 2,129 | 57.7% |
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