The Fair Share Report

352 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

≈ $278,511

Likely range $238,314 – $353,634, 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 $278,511 home should be assessed near $165,463.

Step 3 · Assessed value

$127,500

Set at the last town-wide revaluation and mostly frozen since. That's $37,963 below what the ratio math suggests (22.9%).

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

$4,919/yr
Public schools$2,931
Gloucester County$928
Town of Washington$1,061
Washington average$8,542

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

Town median 51.9%
This home · 45.8%

31%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
138 HURFFVILLE CROSSKEYS2025-09$279,0001,14054.0%
322 JOHNSON RD2025-08$225,0001,23359.5%
177 FRIES MILL RD2025-07$365,0001,20440.0%
6 CARTER BRAXTON BLDG2026-02$264,9001,15043.4%
1 MATTHEW THORNTON BLDG2025-12$245,5001,15047.9%
6 ROBERT MORRIS BLDG2025-04$245,5001,15047.9%
130 GREENTREE RD2025-12$312,0001,29656.2%
17 BARCLAY DR2025-06$330,0001,07651.8%
7 LAUFFER LN2025-11$365,0001,40647.5%
516 COACH RD2026-02$419,9001,20051.0%
122 MCKINLEY AVE2025-05$327,5001,35264.0%
820 JAMESTOWN RD2026-05$327,0001,20055.5%

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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 →