The Fair Share Report
18 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 $395,517 – $482,245, 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 $414,449 home should be assessed near $246,224.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,124 below what the ratio math suggests (4.9%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 26 SHEFFIELD LN | 2025-11 | $410,000 | 2,018 | 50.3% |
| 102 BRYANT RD | 2025-09 | $430,000 | 2,056 | 49.3% |
| 1008 HANCOCK DR | 2026-02 | $385,000 | 1,928 | 62.2% |
| 86 GREENWOOD DR | 2025-08 | $410,000 | 1,840 | 49.6% |
| 11 SUSSEX CT | 2025-03 | $475,000 | 1,937 | 50.1% |
| 1016 PUTNAM PL | 2025-04 | $409,000 | 2,026 | 61.6% |
| 31 BENTLY DR | 2025-07 | $455,000 | 1,931 | 51.2% |
| 2 WHITE BIRCH CT | 2026-02 | $380,000 | 1,837 | 52.7% |
| 34 WHITE BIRCH RD | 2026-04 | $440,000 | 1,928 | 49.7% |
| 8 ALTAIR CT | 2025-01 | $325,000 | 1,912 | 63.0% |
| 41 BRIDGE DR | 2025-10 | $454,000 | 2,158 | 59.9% |
| 4 RIVER BIRCH RD | 2026-06 | $479,000 | 1,844 | 48.4% |
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