The Fair Share Report
14 Eagle Rd
Washington, NJ 08012
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 $412,389 – $471,629, from 12 comparable Washington sales in the past 18 months, at this home's 2,248 sq ft.
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 $440,972 home should be assessed near $261,981.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,819 above what the ratio math suggests (16.7%).
Step 4 · The tax rate — same for every Washington home
$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
40%80%
A touch high — worth watching
This home's ratio sits above most of Washington, but doesn't clear NJ's legal appeal line (68.32%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 41 BRIDGE DR | 2025-10 | $454,000 | 2,158 | 59.9% |
| 18 FORREST DR | 2025-08 | $430,000 | 2,344 | 54.2% |
| 910 HOWE ST | 2025-01 | $460,000 | 2,349 | 50.9% |
| 49 BELMAR CT | 2025-07 | $469,900 | 2,275 | 54.5% |
| 1003 MERRYMOUNT N | 2025-06 | $407,000 | 2,180 | 56.7% |
| 3 ARLINGTON DR | 2026-05 | $471,000 | 2,245 | 56.1% |
| 121 CAPELLA RD | 2025-05 | $395,000 | 2,332 | 50.8% |
| 1010 HANCOCK DR | 2026-05 | $430,000 | 2,352 | 49.4% |
| 129 TRENT RD | 2025-07 | $460,000 | 2,345 | 53.5% |
| 3 DUNCAN CT | 2025-01 | $400,000 | 2,226 | 58.1% |
| 9 EDEN RD | 2025-10 | $525,000 | 2,372 | 52.5% |
| 1 BUNKER HILL RD | 2025-08 | $480,000 | 2,238 | 49.5% |
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