The Fair Share Report

207 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

≈ $588,983

Likely range $505,626 – $665,151, 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 $588,983 home should be assessed near $405,279.

Step 3 · Assessed value

$302,200

Set at the last town-wide revaluation and mostly frozen since. That's $103,079 below what the ratio math suggests (25.4%).

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

$9,075/yr
Public schools$6,474
Morris County$967
Town of Washington$1,634
Washington average$13,292

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

Town median 60.2%
This home · 51.3%

40%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
9 WEHRLI RD2026-02$549,0001,90056.5%
57 MOUNTAIN VIEW AVE2026-06$665,0001,67052.3%
60 W SPRINGTOWN RD FL2026-05$692,0001,91256.3%
6 EVERGREEN PL2025-08$525,0001,91467.0%
3 QUAIL RUN2025-10$665,0001,84659.8%
10 W VALLEY BROOK RD2025-04$645,0001,72649.7%
117 UPPER SUNSET DR2026-01$515,0001,95665.0%
241 MISSION RD2025-11$532,5002,20057.2%
15 FLEMING CT2026-03$757,0002,54562.8%
3 BEAVER BROOK DR2026-05$850,0002,39055.3%
3 STONY BROOK RD2025-08$805,0002,49060.0%
47 MARKHAM DR2025-10$720,0002,53664.0%

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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 →