The Fair Share Report

3 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.

Step 1 · Market value

≈ $382,019

Likely range $358,331 – $438,472, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.41%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $382,019 home should be assessed near $226,957.

Step 3 · Assessed value

$192,000

Set at the last town-wide revaluation and mostly frozen since. That's $34,957 below what the ratio math suggests (15.4%).

Step 4 · The tax rate — same for every Washington home

$3.664 per $100 assessed

$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%

Step 5 · The bill

$7,157/yr
Public schools$4,264
Gloucester County$1,350
Town of Washington$1,543
Washington average$8,542

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

Town median 51.9%
This home · 50.3%

38%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)

AddressSoldPriceSq ftRatio
30 DOGWOOD LN2025-11$415,0001,62152.8%
65 GREENWOOD DR2025-03$424,9001,62149.6%
1039 MERRYMOUNT S2025-12$350,0001,66459.5%
107 BELLS LAKE RD2025-08$395,0001,70451.0%
347 HURFFVILLE CROSSKEYS2025-03$425,0001,70455.9%
102 FORREST DR2026-01$422,0001,59245.9%
7 WHITE BIRCH RD2025-10$375,0001,70456.1%
158 GANTTOWN RD2025-09$418,0001,70442.5%
30 SILVER BIRCH RD2025-06$382,5001,70455.4%
308 DELSEA DR2026-04$250,0001,66462.1%
21 ARCTURUS DR2025-07$374,9001,66656.8%
18 AURIGA LN2025-05$365,0001,66652.8%

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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 →