The Fair Share Report
3 Raspberry Ln
Washington, NJ 07853
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 $895,200 – $1,100,030, 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 $960,140 home should be assessed near $660,672.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $116,872 below what the ratio math suggests (17.7%).
Step 4 · The tax rate — same for every Washington home
$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
44%85%
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 |
|---|---|---|---|---|
| 30 WELSH FARM RD | 2026-01 | $851,000 | 2,897 | 64.7% |
| 7 SHENANDOAH CT | 2025-07 | $1,357,500 | 4,013 | 62.8% |
| 25 SHADOW HILL WAY | 2025-07 | $975,000 | 3,740 | 65.2% |
| 136 FLOCKTOWN RD FL | 2025-11 | $1,200,000 | 3,784 | 69.8% |
| 65 KINGS HWY | 2025-10 | $835,000 | 3,511 | 80.7% |
| 9 SHADOW HILL WAY | 2025-11 | $955,000 | 3,612 | 62.4% |
| 87 KIM LN | 2025-02 | $910,000 | 3,709 | 70.6% |
| 23 SETTING SUN DR | 2025-06 | $860,000 | 3,504 | 65.9% |
| 36 W SPRINGTOWN RD | 2026-03 | $1,500,000 | 3,944 | 50.7% |
| 11 RICE LN FL | 2026-03 | $965,000 | 3,816 | 71.6% |
| 77 KIM LN | 2025-03 | $950,000 | 3,452 | 68.3% |
| 23 YORKSHIRE DR | 2025-04 | $885,000 | 3,654 | 62.7% |
Is this your house?
Run your own report →