The Fair Share Report

108 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.

Step 1 · Market value

≈ $383,525

Likely range $342,044 – $409,108, 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 $383,525 home should be assessed near $227,852.

Step 3 · Assessed value

$178,000

Set at the last town-wide revaluation and mostly frozen since. That's $49,852 below what the ratio math suggests (21.9%).

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

$6,867/yr
Public schools$4,091
Gloucester County$1,295
Town of Washington$1,481
Washington average$8,542

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

Town median 51.9%
This home · 46.4%

38%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
85 GOLFVIEW DR2026-05$351,0001,59160.6%
15 PEMBROOK DR2025-07$465,0001,60041.8%
203 CHATHAM RD2025-09$450,0001,53651.9%
711 ARROWHEAD CT2025-06$400,0001,65154.2%
912 ACADIA DR2025-07$390,0001,52048.7%
913 ACADIA DR2025-03$420,0001,66057.2%
1028 STANDISH DR2025-08$405,0001,66450.4%
12 OLD YORK RD2025-11$370,0001,66054.5%
411 GREENVIEW DR2026-04$310,0001,61057.5%
831 RICHMOND DR2026-03$420,0001,66449.8%
36 JUPITER DR2026-02$399,0001,66650.5%
144 ALTAIR DR2025-05$365,0001,66652.8%

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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 →