The Fair Share Report
16 Central Ave
Washington, NJ 08032
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 $314,780 – $362,188, 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 $342,934 home should be assessed near $203,737.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,737 below what the ratio math suggests (24.9%).
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
37%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 130 GREENTREE RD | 2025-12 | $312,000 | 1,296 | 56.2% |
| 122 MCKINLEY AVE | 2025-05 | $327,500 | 1,352 | 64.0% |
| 323 WESTMINSTER BLVD | 2026-05 | $375,000 | 1,398 | 57.9% |
| 321 WESTMINSTER BLVD | 2025-08 | $360,000 | 1,398 | 55.4% |
| 1 RIVER BIRCH RD | 2024-12 | $380,000 | 1,398 | 52.3% |
| 317 WILSON RD | 2025-01 | $360,000 | 1,490 | 57.4% |
| 19 BARCLAY DR | 2026-06 | $350,000 | 1,276 | 55.4% |
| 516 COACH RD | 2026-02 | $419,900 | 1,200 | 51.0% |
| 322 JOHNSON RD | 2025-08 | $225,000 | 1,233 | 59.5% |
| 7 LAUFFER LN | 2025-11 | $365,000 | 1,406 | 47.5% |
| 149 GREENTREE RD | 2026-01 | $200,450 | 1,380 | 75.2% |
| 820 JAMESTOWN RD | 2026-05 | $327,000 | 1,200 | 55.5% |
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