The Fair Share Report

35 Turtleback Rd

Washington, NJ 07830

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

≈ $826,156

Likely range $754,935 – $855,611, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $826,156 home should be assessed near $568,478.

Step 3 · Assessed value

$489,900

Set at the last town-wide revaluation and mostly frozen since. That's $78,578 below what the ratio math suggests (13.8%).

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

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$14,712/yr
Public schools$10,495
Morris County$1,567
Town of Washington$2,649
Washington average$13,292

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

Town median 60.2%
This home · 59.3%

46%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)

AddressSoldPriceSq ftRatio
56 ZELLERS RD FL2026-02$1,200,0003,41757.0%
123 W VALLEY BROOK RD2026-06$800,7142,92657.8%
81 OLD TURNPIKE RD2025-09$635,0002,70170.1%
88 W SPRINGTOWN RD FL2025-09$750,0002,92262.0%
14 CLEARVIEW DR2025-10$865,0003,00859.9%
34 JACKIE DR FL2025-05$750,0002,65964.3%
142 BEACON HILL RD2025-07$825,0002,84048.9%
30 SQUIRE HILL RD2025-10$875,0003,11757.5%
281 FAIRVIEW AVE FL2025-06$890,0003,01664.2%
18 CIDER MILL LN2025-07$790,0003,02859.6%
6 WILLIAM WAY FL2025-09$925,0003,18459.7%
5 FIELDSTONE DR FL2026-06$960,0002,67856.9%

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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 →