The Fair Share Report
200 Central Ave
Washington, NJ 08032
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 $550,249 – $733,162, 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 $621,662 home should be assessed near $369,329.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,129 below what the ratio math suggests (4.4%).
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 |
|---|---|---|---|---|
| 5 TRAKENNER WALK | 2025-10 | $750,000 | 2,864 | 52.3% |
| 7 DANBURY LN | 2025-12 | $690,900 | 2,860 | 51.1% |
| 14 ELIZABETH CT | 2025-02 | $539,000 | 2,840 | 56.6% |
| 126 LIPIZZAN RD | 2026-04 | $600,000 | 2,836 | 51.8% |
| 74 GREENLEIGH DR | 2025-10 | $610,000 | 2,898 | 53.7% |
| 6 CHARLESTON CT | 2025-05 | $560,605 | 2,824 | 62.4% |
| 2 WESTWOOD DR | 2026-04 | $549,900 | 2,907 | 50.7% |
| 39 NICHOLAS DR | 2025-05 | $652,000 | 2,913 | 55.6% |
| 2 RICKLAND DR | 2025-11 | $775,000 | 2,792 | 47.1% |
| 104 GOODWIN PKWY | 2025-04 | $501,000 | 2,791 | 56.7% |
| 25 RICKLAND DR | 2025-10 | $729,000 | 2,772 | 42.3% |
| 48 RICKLAND DR | 2025-10 | $745,000 | 2,960 | 46.0% |
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