The Fair Share Report

244 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

≈ $822,639

Likely range $692,889 – $897,030, from 12 comparable Washington sales in the past 18 months, at this home's 1,812 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 $822,639 home should be assessed near $521,306.

Step 3 · Assessed value

$769,300

Set at the last town-wide revaluation and mostly frozen since. That's $247,994 above what the ratio math suggests (47.6%).

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 $1.621 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$12,471/yr
Public schools$7,767
Bergen County$1,497
Town of Washington$3,207
Washington average$13,477

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

Town median 92.3%
This home · 93.5%

76%116%

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 $7,088/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
412 COOLIDGE AVE2026-01$820,0001,82593.7%
460 MAPLE AVE2026-03$850,0001,71783.0%
311 WALNUT ST2025-03$536,0001,744100.6%
692 PINE LAKE DR2026-04$926,0001,91485.9%
301 S CHESTNUT ST2026-02$850,0001,69286.0%
295 MOUNTAIN AVE2025-03$750,0002,026100.9%
580 HOOVER AVE2025-02$760,0002,00097.5%
398 FERN ST2026-05$737,0001,68290.2%
630 VALLEY CT2026-03$785,0001,61096.3%
460 RIDGEWOOD RD2025-04$621,0001,624101.4%
665 CALVIN ST2026-02$750,0001,65289.4%
243 DEVON RD2026-03$715,0001,476101.5%

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 →