The Fair Share Report
10 Devon Rd
Washington, NJ 07853
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 $679,309 – $855,446, from 12 comparable Washington 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 Washington assessments sit below market value — republished every October, applied town-wide. A $788,533 home should be assessed near $542,590.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,090 below what the ratio math suggests (8.5%).
Step 4 · The tax rate — same for every Washington home
$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
46%85%
Paying about right
This home's ratio lands inside Washington'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 |
|---|---|---|---|---|
| 1 WARWICK DR | 2025-08 | $775,000 | 2,790 | 62.0% |
| 1 DORSET RD | 2025-01 | $755,000 | 2,680 | 66.2% |
| 31 WINAY TER | 2025-07 | $750,000 | 2,686 | 60.8% |
| 7 ASPEN PL | 2025-04 | $740,000 | 3,051 | 66.0% |
| 32 WINAY TER | 2026-05 | $850,000 | 2,492 | 53.9% |
| 21 DORSET RD | 2025-08 | $775,000 | 3,156 | 56.1% |
| 7 LEXINGTON WAY | 2025-07 | $877,000 | 3,018 | 63.8% |
| 51 WINAY TER | 2026-06 | $785,000 | 2,618 | 60.1% |
| 9 HIGH RIDGE RD | 2025-06 | $870,000 | 2,633 | 52.6% |
| 3 GREEN HILLS RD | 2025-10 | $735,000 | 2,594 | 63.5% |
| 8 AMHERST DR | 2025-01 | $737,500 | 3,126 | 80.9% |
| 7 CEDAR CT | 2025-05 | $737,500 | 3,024 | 61.5% |
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