The Fair Share Report
178 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 $510,461 – $703,237, 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 $602,628 home should be assessed near $414,668.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $95,968 below what the ratio math suggests (23.1%).
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
40%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 |
|---|---|---|---|---|
| 6 EVERGREEN PL | 2025-08 | $525,000 | 1,914 | 67.0% |
| 12 BLACK RIVER RD | 2025-01 | $861,305 | 1,940 | 63.4% |
| 9 WEHRLI RD | 2026-02 | $549,000 | 1,900 | 56.5% |
| 152 FAIRMOUNT RD | 2025-09 | $585,000 | 2,144 | 58.6% |
| 380 W MILL RD | 2026-04 | $450,000 | 1,710 | 68.4% |
| 198A MISSION RD FL | 2025-11 | $608,000 | 1,924 | 51.4% |
| 198A MISSION RD FL | 2025-09 | $608,000 | 1,924 | 51.4% |
| 52 EAST AVE | 2025-08 | $643,000 | 2,242 | 62.7% |
| 10 W VALLEY BROOK RD | 2025-04 | $645,000 | 1,726 | 49.7% |
| 241 MISSION RD | 2025-11 | $532,500 | 2,200 | 57.2% |
| 158 FAIRVIEW AVE | 2025-01 | $675,000 | 2,464 | 52.1% |
| 218 BEACON HILL RD | 2025-12 | $750,000 | 2,079 | 51.2% |
Is this your house?
Run your own report →