The Fair Share Report

22 Berkeley Ct

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

≈ $788,504

Likely range $760,668 – $858,279, from 12 comparable Washington sales in the past 18 months, at this home's 2,177 sq ft.

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 $788,504 home should be assessed near $499,675.

Step 3 · Assessed value

$661,000

Set at the last town-wide revaluation and mostly frozen since. That's $161,325 above what the ratio math suggests (32.3%).

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 $1.777 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$11,748/yr
Public schools$7,317
Bergen County$1,410
Town of Washington$3,021
Washington average$13,477

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

Town median 92.3%
This home · 83.8%

72%107%

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 $4,611/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
142 WINDSOR CR2025-04$696,0002,14194.9%
175 WINCHESTER CT2026-05$810,0002,06886.8%
74 WOODBURY CT2026-04$725,0002,06887.3%
61 WOODBURY CT2026-04$715,0002,04091.1%
61 WHITE BEECHES DR2025-02$760,0001,99890.1%
63 NORTHGATE RD2025-01$640,0001,970101.2%
10 VIOLA TERR2026-05$1,100,0002,33179.8%
686 KENNEDY DR2026-03$850,0002,15699.0%
1977 E GLEN AVE2026-02$778,0002,14893.1%
83 HAMPSHIRE RD2026-03$1,089,0002,15884.8%
26 BRAEBURN DR2025-05$600,0001,72099.8%
49 SCHOOL ST2026-04$885,0002,09386.1%

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 →