The Fair Share Report
218 Pine St
Washington, NJ 08094
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 $325,931 – $408,750, from 12 comparable Washington sales in the past 18 months, at this home's 1,635 sq ft.
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 $379,005 home should be assessed near $225,167.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,867 below what the ratio math suggests (9.7%).
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 |
|---|---|---|---|---|
| 308 DELSEA DR | 2026-04 | $250,000 | 1,664 | 62.1% |
| 923 COACH RD | 2025-09 | $345,000 | 1,625 | 57.9% |
| 411 GREENVIEW DR | 2026-04 | $310,000 | 1,610 | 57.5% |
| 519 INDEPENDENCE PL | 2025-06 | $425,000 | 1,700 | 48.4% |
| 825 LEXINGTON DR | 2026-02 | $305,000 | 1,530 | 61.4% |
| 913 ACADIA DR | 2025-03 | $420,000 | 1,660 | 57.2% |
| 1028 STANDISH DR | 2025-08 | $405,000 | 1,664 | 50.4% |
| 902 WHITMAN DR | 2025-06 | $440,000 | 1,801 | 47.9% |
| 107 BELLS LAKE RD | 2025-08 | $395,000 | 1,704 | 51.0% |
| 30 SILVER BIRCH RD | 2025-06 | $382,500 | 1,704 | 55.4% |
| 158 GANTTOWN RD | 2025-09 | $418,000 | 1,704 | 42.5% |
| 65 GREENWOOD DR | 2025-03 | $424,900 | 1,621 | 49.6% |
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