The Fair Share Report

102 Hampton Ct

Washington, NJ 08081

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.

Step 1 · Market value

≈ $288,859

Likely range $263,475 – $326,941, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.41%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $288,859 home should be assessed near $171,611.

Step 3 · Assessed value

$175,200

Set at the last town-wide revaluation and mostly frozen since. That's $3,589 above what the ratio math suggests (2.1%).

Step 4 · The tax rate — same for every Washington home

$3.664 per $100 assessed

$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%

Step 5 · The bill

$6,759/yr
Public schools$4,027
Gloucester County$1,275
Town of Washington$1,457
Washington average$8,542

This home vs. every recent Washington sale · assessed ÷ market

Town median 51.9%
This home · 60.7%

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)

AddressSoldPriceSq ftRatio
330 WILSON RD2025-03$155,0001,41430.4%
12 WASHINGTON AVE2026-02$275,0001,46455.6%
19 INTREPID DR2026-01$437,5001,48044.2%
19 MILLER DR2025-09$396,5761,48449.4%
1 CORVAS CT2026-04$335,0001,50841.9%
19 PTOLEMY CT2026-02$290,0001,50845.3%
43 PTOLEMY CT2025-06$302,0001,50841.1%
15 CORVAS CT2025-04$295,0001,50844.2%
46 LUPUS LN2026-04$320,0001,51058.3%
1778 CONGRESS DR2025-07$320,0001,54459.8%
7 CORONA CT2025-05$300,0001,50841.2%
75 FOMALHAUT AVE2025-04$275,0001,50847.2%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →