The Fair Share Report
331 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $395,821 – $473,209, 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 $447,766 home should be assessed near $266,018.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,118 below what the ratio math suggests (7.2%).
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% |
| 3 ARLINGTON DR | 2026-05 | $471,000 | 2,245 | 56.1% |
| 3 DUNCAN CT | 2025-01 | $400,000 | 2,226 | 58.1% |
| 743 MOHAWK ST | 2026-01 | $460,750 | 2,305 | 45.5% |
| 743 MOHAWK ST | 2025-04 | $449,000 | 2,305 | 46.7% |
| 120 HURFFVILLE CROSSKEYS | 2025-12 | $450,000 | 2,190 | 45.3% |
| 120 HURFFVILLE CROSSKEYS | 2025-04 | $280,000 | 2,190 | 72.8% |
| 1 BUNKER HILL RD | 2025-08 | $480,000 | 2,238 | 49.5% |
| 26 CRICKET LN | 2025-08 | $427,900 | 2,153 | 53.9% |
| 13 DEERFIELD LN | 2026-06 | $510,000 | 2,172 | 52.0% |
| 90 TRENT RD | 2025-01 | $372,000 | 2,093 | 56.0% |
| 2 KING WILLIAM CT | 2025-09 | $462,500 | 2,199 | 53.6% |
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