The Fair Share Report
105 Summit Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $319,095 – $373,261, 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 $364,195 home should be assessed near $216,368.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,168 below what the ratio math suggests (34.3%).
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
33%74%
Keep quiet and enjoy it
This home's assessment ratio sits below the Washington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 149 GREENTREE RD | 2026-01 | $200,450 | 1,380 | 75.2% |
| 423 GREENVIEW DR | 2026-03 | $399,000 | 1,400 | 49.9% |
| 29 WOODBROOK RD | 2025-01 | $372,690 | 1,400 | 49.0% |
| 130 GREENTREE RD | 2025-12 | $312,000 | 1,296 | 56.2% |
| 35 SHERWOOD DR | 2026-06 | $299,000 | 1,284 | 59.5% |
| 19 BARCLAY DR | 2026-06 | $350,000 | 1,276 | 55.4% |
| 306 PINE ST | 2026-01 | $355,000 | 1,312 | 51.0% |
| 306 PINE ST | 2025-09 | $210,000 | 1,312 | 86.3% |
| 869 WHITMAN DR | 2026-04 | $430,000 | 1,482 | 50.6% |
| 140 ALTAIR DR | 2025-08 | $325,000 | 1,360 | 56.6% |
| 41 HYANNIS AVE | 2026-01 | $375,000 | 1,396 | 53.6% |
| 78 LUPUS LN | 2025-06 | $365,000 | 1,360 | 48.4% |
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