The Fair Share Report

212 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

≈ $600,911

Likely range $573,014 – $654,681, 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 $600,911 home should be assessed near $413,487.

Step 3 · Assessed value

$300,700

Set at the last town-wide revaluation and mostly frozen since. That's $112,787 below what the ratio math suggests (27.3%).

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

$9,030/yr
Public schools$6,442
Morris County$962
Town of Washington$1,626
Washington average$13,292

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

Town median 60.2%
This home · 50.0%

40%85%

Keep quiet and enjoy it

This home's assessment ratio sits below the Washington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
47 FAWNRIDGE DR2025-08$610,0001,88053.3%
95 FAWNRIDGE DR2026-04$707,0001,94847.9%
16 S WASHINGTON VALLEY RD2025-10$660,0001,90048.6%
2 DELMAR TER2025-01$635,0001,90050.9%
32 FAWNRIDGE DR2025-08$615,0001,80054.1%
32 FAWNRIDGE DR2025-04$595,0001,80055.9%
3 QUAIL RUN2025-10$665,0001,84659.8%
23 PAULA DR2025-04$550,0001,81456.2%
337 NAUGHRIGHT RD2025-05$635,0001,98069.1%
21 OVERLOOK DR2025-05$640,0001,66851.8%
249 NAUGHRIGHT RD2025-11$630,0002,00458.0%
9 MARLIENE RD2025-10$652,5001,62859.3%

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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 →