The Fair Share Report
102 Central Ave
Washington, NJ 08032
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 $479,965 – $537,314, 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 $500,847 home should be assessed near $297,553.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,953 below what the ratio math suggests (8.4%).
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
40%74%
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 |
|---|---|---|---|---|
| 407 LINWOOD AVE | 2025-07 | $425,000 | 2,082 | 51.4% |
| 12 WESTWOOD DR | 2025-04 | $480,000 | 2,425 | 52.1% |
| 14 WHITE PINE DR | 2025-03 | $517,500 | 2,440 | 50.1% |
| 49 BELMAR CT | 2025-07 | $469,900 | 2,275 | 54.5% |
| 12 PALMER CT | 2025-11 | $525,000 | 2,372 | 55.0% |
| 36 NORWICH DR | 2025-10 | $484,000 | 2,372 | 54.6% |
| 6 PALMER CT | 2025-08 | $557,000 | 2,372 | 49.8% |
| 118 GOLFVIEW DR | 2025-06 | $475,000 | 2,372 | 58.7% |
| 9 GREEN ACRE WAY | 2026-04 | $544,000 | 2,580 | 46.1% |
| 5 GALOUBET WALK | 2026-06 | $628,000 | 2,340 | 47.6% |
| 7 DERBY DR | 2026-05 | $550,000 | 2,596 | 51.6% |
| 208 DORADO AVE | 2025-09 | $664,500 | 2,330 | 41.3% |
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