The Fair Share Report
95 Doty Rd
Wanaque, NJ 07403
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 $429,702 – $496,769, from 12 comparable Wanaque 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 Wanaque assessments sit below market value — republished every October, applied town-wide. A $481,527 home should be assessed near $261,999.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,699 below what the ratio math suggests (30.0%).
Step 4 · The tax rate — same for every Wanaque home
$2.486 Schools · 55% $0.828 County · 18% $1.227 Town · 27%
Step 5 · The bill
This home vs. every recent Wanaque sale · assessed ÷ market
31%68%
Paying about right
This home's ratio lands inside Wanaque'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 |
|---|---|---|---|---|
| 42 CANNONBALL ROAD | 2025-04 | $640,000 | 1,126 | 42.2% |
| 110 DOTY ROAD | 2025-09 | $410,000 | 1,265 | 52.7% |
| 23 OAK ST | 2025-01 | $450,000 | 1,238 | 39.1% |
| 38 BURNSIDE PLACE | 2025-04 | $485,500 | 1,188 | 39.6% |
| 55 SMITH AVE | 2026-06 | $450,000 | 1,212 | 47.6% |
| 36 WILLOW WAY | 2026-02 | $630,000 | 1,438 | 40.8% |
| 32 SMITH AVE | 2025-06 | $470,000 | 1,173 | 42.4% |
| 2 ROGER AVE | 2026-04 | $530,000 | 1,292 | 37.4% |
| 50 FOURTH AVE | 2025-02 | $480,000 | 1,316 | 41.6% |
| 29 EVERGREEN AVE | 2026-03 | $525,000 | 1,305 | 38.4% |
| 47 CRESCENT RD | 2026-05 | $545,000 | 1,575 | 44.3% |
| 19 BORMAN DRIVE | 2025-07 | $605,000 | 1,464 | 42.7% |
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