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.

Step 1 · Market value

≈ $414,449

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

59.41%

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

$234,100

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

$3.664 per $100 assessed

$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%

Step 5 · The bill

$9,032/yr
Public schools$5,381
Gloucester County$1,703
Town of Washington$1,947
Washington average$8,542

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

Town median 51.9%
This home · 56.5%

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)

AddressSoldPriceSq ftRatio
26 SHEFFIELD LN2025-11$410,0002,01850.3%
102 BRYANT RD2025-09$430,0002,05649.3%
1008 HANCOCK DR2026-02$385,0001,92862.2%
86 GREENWOOD DR2025-08$410,0001,84049.6%
11 SUSSEX CT2025-03$475,0001,93750.1%
1016 PUTNAM PL2025-04$409,0002,02661.6%
31 BENTLY DR2025-07$455,0001,93151.2%
2 WHITE BIRCH CT2026-02$380,0001,83752.7%
34 WHITE BIRCH RD2026-04$440,0001,92849.7%
8 ALTAIR CT2025-01$325,0001,91263.0%
41 BRIDGE DR2025-10$454,0002,15859.9%
4 RIVER BIRCH RD2026-06$479,0001,84448.4%

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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 →