The Fair Share Report

18 E Maple Ave

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.

Step 1 · Market value

≈ $658,669

Likely range $590,771 – $699,264, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $658,669 home should be assessed near $453,230.

Step 3 · Assessed value

$330,700

Set at the last town-wide revaluation and mostly frozen since. That's $122,530 below what the ratio math suggests (27.0%).

Step 4 · The tax rate — same for every Washington home

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$9,931/yr
Public schools$7,085
Morris County$1,058
Town of Washington$1,788
Washington average$13,292

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

Town median 60.2%
This home · 50.2%

42%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)

AddressSoldPriceSq ftRatio
6 N MAPLE AVE2025-09$576,0001,79960.8%
45 KNOB HILL RD2026-04$625,0001,96153.8%
50 KNOB HILL RD2025-04$350,0001,89586.2%
38 NESTLING WOOD DR2025-07$623,0002,05852.4%
31 SPRING LN2025-07$599,0002,08055.7%
149 FLOCKTOWN RD2026-06$815,0002,15346.6%
60 PAULA DR2025-05$667,0002,05858.5%
12 BLACK RIVER RD2025-01$861,3051,94063.4%
6 POWDER MILL RD2025-05$725,0002,12450.5%
12 HERON DR2025-10$725,0002,40260.2%
28 DOUGLAS DR2025-08$760,0002,28051.5%
2401 DECATUR CT2026-04$560,0002,19255.8%

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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 →