The Fair Share Report

11 E Maple Ave

Washington, NJ 07853

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

≈ $651,175

Likely range $622,047 – $766,899, from 12 comparable Washington sales in the past 18 months, at this home's 2,272 sq ft.

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $651,175 home should be assessed near $448,074.

Step 3 · Assessed value

$388,400

Set at the last town-wide revaluation and mostly frozen since. That's $59,674 below what the ratio math suggests (13.3%).

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

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$11,664/yr
Public schools$8,321
Morris County$1,242
Town of Washington$2,101
Washington average$13,292

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

Town median 60.2%
This home · 59.6%

45%85%

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
159 KINGS HWY2025-08$600,0002,27052.5%
9 SHADETREE PL2026-01$690,0002,28254.9%
4 ROSALYN DR2025-02$640,0002,32063.3%
408 SCHOOLEYS MTN RD2025-02$627,1002,18848.5%
18 FALCON LN2025-10$785,0002,55059.4%
36 FLINTLOCK DR2026-04$775,0002,29656.3%
11 PARKVIEW RD2025-12$660,0002,33067.2%
32 WINAY TER2026-05$850,0002,49253.9%
44 FLINTLOCK DR2025-04$880,0002,60746.9%
33 DOUGLAS DR2026-04$775,0002,28056.1%
13 OLD FARMERS RD2025-10$620,0002,22850.1%
24 PHEASANT DR2025-05$645,0001,99258.2%

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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 →