The Fair Share Report

330 Johnson Rd

Washington, NJ 08081

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

≈ $462,944

Likely range $395,550 – $528,427, 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 $462,944 home should be assessed near $275,035.

Step 3 · Assessed value

$221,100

Set at the last town-wide revaluation and mostly frozen since. That's $53,935 below what the ratio math suggests (19.6%).

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

$8,530/yr
Public schools$5,082
Gloucester County$1,609
Town of Washington$1,839
Washington average$8,542

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

Town median 51.9%
This home · 47.8%

36%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
11 CIDER PRESS LN2025-11$540,0002,10055.3%
56 E HOLLY AVE2025-05$505,0002,00048.1%
32 BRANDYWINE WAY2025-03$485,0002,08952.8%
46 MAPLE LEAF CIR2026-02$365,0001,89460.7%
31 BORRELLY BLVD2025-05$435,0001,99856.6%
34 BORRELLY BLVD2025-05$470,0001,98551.9%
91 LONGWOOD DR2026-06$535,0002,04845.5%
3 TURNER CT2026-03$441,0002,00048.2%
12 MAPLE LEAF CIR2025-12$375,0002,11661.9%
14 RITTENHOUSE SQUARE2025-06$595,0002,06448.4%
123 LILLIAN AVE2025-11$540,0002,04051.9%
61 OLYMPIA LN2026-02$435,0001,90857.7%

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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 →