The Fair Share Report
35 Fairmount Dr
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 $592,577 – $710,304, 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 $620,736 home should be assessed near $368,779.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,379 below what the ratio math suggests (12.3%).
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 |
|---|---|---|---|---|
| 311 COUNTY HOUSE RD | 2025-10 | $700,000 | 2,918 | 49.7% |
| 19 HILLIARD WAY | 2025-05 | $620,000 | 2,942 | 56.0% |
| 36 OLYMPIA LN | 2025-09 | $649,900 | 2,992 | 52.1% |
| 74 GREENLEIGH DR | 2025-10 | $610,000 | 2,898 | 53.7% |
| 5 GREENLEIGH CIR | 2026-03 | $595,000 | 2,914 | 55.3% |
| 3 KIMBERLEE CT | 2025-07 | $645,000 | 3,000 | 52.0% |
| 49 BERKSHIRE DR | 2025-07 | $655,000 | 2,877 | 52.1% |
| 48 RICKLAND DR | 2025-10 | $745,000 | 2,960 | 46.0% |
| 37 SPRING LAKE AVE | 2025-03 | $545,000 | 3,000 | 53.7% |
| 6 CHARLESTON CT | 2025-05 | $560,605 | 2,824 | 62.4% |
| 10 WINFIELD CIR | 2025-06 | $537,000 | 2,752 | 59.9% |
| 25 RICKLAND DR | 2025-10 | $729,000 | 2,772 | 42.3% |
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