The Fair Share Report
12 E Mill 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 $319,032 – $474,578, 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 $364,991 home should be assessed near $251,150.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $190,250 below what the ratio math suggests (75.8%).
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
7%85%
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 |
|---|---|---|---|---|
| 76 N MT LEBANON RD | 2025-11 | $250,000 | 1,046 | 91.9% |
| 76 PICKLE RD FL | 2025-01 | $450,000 | 1,120 | 64.8% |
| 35 BENNINGTON SQUARE | 2025-08 | $340,000 | 1,124 | 68.7% |
| 147 NOTTINGHAM SQUARE | 2025-08 | $375,000 | 1,124 | 62.1% |
| 11 SCHINDLER SQUARE | 2025-01 | $380,000 | 1,124 | 58.0% |
| 120 WIMBLEDON SQUARE | 2025-05 | $385,000 | 1,156 | 60.3% |
| 28 MIDDLE VALLEY RD | 2025-06 | $485,000 | 1,031 | 44.6% |
| 153 PARKER RD | 2026-06 | $530,000 | 1,176 | 42.7% |
| 6 LA BONNTY TRL | 2025-12 | $380,000 | 1,208 | 53.5% |
| 55 EAST AVE | 2025-03 | $510,000 | 1,228 | 41.3% |
| 123 E SPRINGTOWN RD | 2025-10 | $545,000 | 1,236 | 47.0% |
| 40 W MILL RD | 2025-06 | $355,000 | 1,254 | 73.8% |
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