The Fair Share Report

191 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.

Step 1 · Market value

≈ $533,333

Likely range $466,626 – $608,667, 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 $533,333 home should be assessed near $366,986.

Step 3 · Assessed value

$264,200

Set at the last town-wide revaluation and mostly frozen since. That's $102,786 below what the ratio math suggests (28.0%).

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

$7,934/yr
Public schools$5,660
Morris County$845
Town of Washington$1,429
Washington average$13,292

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

Town median 60.2%
This home · 49.5%

38%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
35 OLD TURNPIKE RD2025-07$620,0001,41459.3%
2 VALLEY VIEW RD2025-05$500,0001,49451.4%
198A MISSION RD FL2025-11$608,0001,92451.4%
198A MISSION RD FL2025-09$608,0001,92451.4%
8 LOWER SUNSET TER2025-06$560,0001,46451.5%
10 W VALLEY BROOK RD2025-04$645,0001,72649.7%
57 MOUNTAIN VIEW AVE2026-06$665,0001,67052.3%
6 EVERGREEN PL2025-08$525,0001,91467.0%
211 PICKLE RD2026-03$550,0001,30778.2%
15 KIM LN2025-02$550,0001,55156.3%
60 W SPRINGTOWN RD FL2026-05$692,0001,91256.3%
76 PICKLE RD FL2025-01$450,0001,12064.8%

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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 →