The Fair Share Report
104 Central Ave
Washington, NJ 08081
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 $345,501 – $413,243, 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 $387,402 home should be assessed near $230,156.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,356 below what the ratio math suggests (21.9%).
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
38%74%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 85 GOLFVIEW DR | 2026-05 | $351,000 | 1,591 | 60.6% |
| 15 PEMBROOK DR | 2025-07 | $465,000 | 1,600 | 41.8% |
| 711 ARROWHEAD CT | 2025-06 | $400,000 | 1,651 | 54.2% |
| 913 ACADIA DR | 2025-03 | $420,000 | 1,660 | 57.2% |
| 203 CHATHAM RD | 2025-09 | $450,000 | 1,536 | 51.9% |
| 1028 STANDISH DR | 2025-08 | $405,000 | 1,664 | 50.4% |
| 12 OLD YORK RD | 2025-11 | $370,000 | 1,660 | 54.5% |
| 411 GREENVIEW DR | 2026-04 | $310,000 | 1,610 | 57.5% |
| 831 RICHMOND DR | 2026-03 | $420,000 | 1,664 | 49.8% |
| 36 JUPITER DR | 2026-02 | $399,000 | 1,666 | 50.5% |
| 144 ALTAIR DR | 2025-05 | $365,000 | 1,666 | 52.8% |
| 3 COPELAND CT | 2025-04 | $360,000 | 1,646 | 58.7% |
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