The Fair Share Report

107 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

≈ $297,458

Likely range $291,371 – $391,976, 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 $297,458 home should be assessed near $176,720.

Step 3 · Assessed value

$183,500

Set at the last town-wide revaluation and mostly frozen since. That's $6,780 above what the ratio math suggests (3.8%).

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

$7,079/yr
Public schools$4,218
Gloucester County$1,335
Town of Washington$1,526
Washington average$8,542

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

Town median 51.9%
This home · 61.7%

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
9 SIRIUS CT2025-07$275,0001,59547.4%
1778 CONGRESS DR2025-07$320,0001,54459.8%
41 SIRIUS CT2026-03$295,0001,57044.4%
10 MENKAR AVE2025-12$475,0001,59052.7%
711 ARROWHEAD CT2025-06$400,0001,65154.2%
1795 WITHERSPOON CT2026-05$389,9001,62553.4%
10 HAMAL CT2026-02$295,0001,56039.1%
13 LANGLEY DR2025-04$407,5001,60249.5%
2 PROCYON RD2026-03$209,9001,57863.2%
24 FOMALHAUT AVE2025-10$294,0001,57840.2%
5 FOMALHAUT AVE2025-05$297,9221,57843.2%
15 FOMALHAUT AVE2025-02$293,0001,57840.3%

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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 →