The Fair Share Report
112 E Springtown Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $745,465 – $870,413, 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 $824,388 home should be assessed near $567,261.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $120,661 below what the ratio math suggests (21.3%).
Step 4 · The tax rate — same for every Washington home
$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
46%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 23 BLACKBERRY PL | 2025-09 | $879,000 | 3,045 | 59.0% |
| 7 LEXINGTON WAY | 2025-07 | $877,000 | 3,018 | 63.8% |
| 44 FLINTLOCK DR | 2025-04 | $880,000 | 2,607 | 46.9% |
| 8 AMHERST DR | 2025-01 | $737,500 | 3,126 | 80.9% |
| 31 WINAY TER | 2025-07 | $750,000 | 2,686 | 60.8% |
| 18 FALCON LN | 2025-10 | $785,000 | 2,550 | 59.4% |
| 39 SQUIRE HILL RD | 2026-06 | $880,000 | 3,054 | 58.5% |
| 21 DORSET RD | 2025-08 | $775,000 | 3,156 | 56.1% |
| 60 ZELLERS RD | 2025-04 | $830,000 | 2,747 | 61.9% |
| 7 ASPEN PL | 2025-04 | $740,000 | 3,051 | 66.0% |
| 11 E GATE RD | 2025-10 | $960,000 | 2,804 | 51.2% |
| 91 SPRING LN | 2025-06 | $690,986 | 2,616 | 68.6% |
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