The Fair Share Report

211 Devon Rd

Washington, NJ 07676

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

≈ $791,920

Likely range $722,639 – $1,014,728, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.37%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $791,920 home should be assessed near $501,840.

Step 3 · Assessed value

$938,500

Set at the last town-wide revaluation and mostly frozen since. That's $436,660 above what the ratio math suggests (87.0%).

Step 4 · The tax rate — same for every Washington home

$2.858 per $100 assessed

$1.780 Schools · 62% $0.343 County · 12% $0.735 Town · 26%

This home's own bill implies $1.447 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$13,580/yr
Public schools$8,458
Bergen County$1,630
Town of Washington$3,492
Washington average$13,477

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

Town median 92.3%
This home · 118.5%

76%135%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (72.88%) — roughly $12,480/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
295 MOUNTAIN AVE2025-03$750,0002,026100.9%
692 PINE LAKE DR2026-04$926,0001,91485.9%
580 HOOVER AVE2025-02$760,0002,00097.5%
1977 E GLEN AVE2026-02$778,0002,14893.1%
244 DEVON RD2026-01$860,0001,81289.5%
311 WALNUT ST2025-03$536,0001,744100.6%
412 COOLIDGE AVE2026-01$820,0001,82593.7%
686 KENNEDY DR2026-03$850,0002,15699.0%
614 MOUNTAIN AVE2026-03$910,0002,59689.9%
175 WINCHESTER CT2026-05$810,0002,06886.8%
74 WOODBURY CT2026-04$725,0002,06887.3%
460 MAPLE AVE2026-03$850,0001,71783.0%

Is this your house?

Run your own report →

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 →