The Fair Share Report
28 Eagle Rd
Washington, NJ 08012
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 $356,449 – $477,748, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).
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 $426,026 home should be assessed near $253,102.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,402 below what the ratio math suggests (7.3%).
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 |
|---|---|---|---|---|
| 102 BRYANT RD | 2025-09 | $430,000 | 2,056 | 49.3% |
| 1016 PUTNAM PL | 2025-04 | $409,000 | 2,026 | 61.6% |
| 17 CAPELLA RD | 2025-05 | $367,000 | 2,068 | 50.0% |
| 90 TRENT RD | 2025-01 | $372,000 | 2,093 | 56.0% |
| 23 HAINES DR | 2025-06 | $475,000 | 2,094 | 51.6% |
| 13 DUNCAN RD | 2025-05 | $485,000 | 2,094 | 49.2% |
| 31 BENTLY DR | 2025-07 | $455,000 | 1,931 | 51.2% |
| 8 ALTAIR CT | 2025-01 | $325,000 | 1,912 | 63.0% |
| 26 CRICKET LN | 2025-08 | $427,900 | 2,153 | 53.9% |
| 4 RIVER BIRCH RD | 2026-06 | $479,000 | 1,844 | 48.4% |
| 1025 PUTNAM PL | 2026-03 | $425,000 | 1,953 | 50.0% |
| 3 SCHNEIDER CT | 2025-08 | $473,000 | 1,964 | 44.9% |
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