The Fair Share Report

128 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

≈ $433,590

Likely range $369,581 – $480,660, 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 $433,590 home should be assessed near $257,596.

Step 3 · Assessed value

$225,400

Set at the last town-wide revaluation and mostly frozen since. That's $32,196 below what the ratio math suggests (12.5%).

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

$8,696/yr
Public schools$5,181
Gloucester County$1,640
Town of Washington$1,875
Washington average$8,542

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

Town median 51.9%
This home · 52.0%

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
4 HYDRA LN2025-04$430,0001,97160.6%
117 SHIRE DR2026-02$515,0001,94251.0%
3 DRAKE TER2025-12$537,5001,96849.1%
1 HICKORY CIR2025-04$378,0001,96861.9%
1744 SHERMAN CT2025-12$445,0001,98956.6%
30 URANUS RD2026-04$432,1501,88250.9%
3 SCHNEIDER CT2025-08$473,0001,96444.9%
1779 CONGRESS DR2026-03$363,0001,88865.6%
172 DORADO AVE2025-07$481,0001,90247.8%
458 EGG HARBOR RD2026-02$415,0001,97650.0%
52 BORRELLY BLVD2025-05$375,0001,92861.3%
11 SUSSEX CT2025-03$475,0001,93750.1%

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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 →