The Fair Share Report
10 Eagle Rd
Washington, NJ 08012
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Washington's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $312,822 – $418,897, 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 $389,628 home should be assessed near $231,478.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $64,978 below what the ratio math suggests (28.1%).
Step 4 · The tax rate — same for every Washington home
$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
34%74%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 35 FORREST DR | 2025-08 | $410,000 | 1,450 | 47.8% |
| 41 HYANNIS AVE | 2026-01 | $375,000 | 1,396 | 53.6% |
| 869 WHITMAN DR | 2026-04 | $430,000 | 1,482 | 50.6% |
| 19 MILLER DR | 2025-09 | $396,576 | 1,484 | 49.4% |
| 423 GREENVIEW DR | 2026-03 | $399,000 | 1,400 | 49.9% |
| 29 WOODBROOK RD | 2025-01 | $372,690 | 1,400 | 49.0% |
| 912 ACADIA DR | 2025-07 | $390,000 | 1,520 | 48.7% |
| 19 MARINER DR | 2025-12 | $375,000 | 1,398 | 47.9% |
| 7 CORONA CT | 2025-05 | $300,000 | 1,508 | 41.2% |
| 85 GOLFVIEW DR | 2026-05 | $351,000 | 1,591 | 60.6% |
| 203 CHATHAM RD | 2025-09 | $450,000 | 1,536 | 51.9% |
| 149 GREENTREE RD | 2026-01 | $200,450 | 1,380 | 75.2% |
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