The Fair Share Report
358 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 $447,621 – $594,410, 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 $468,303 home should be assessed near $278,219.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,819 below what the ratio math suggests (4.2%).
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
39%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 |
|---|---|---|---|---|
| 7 MISSISSIPPI TRL | 2026-05 | $615,000 | 2,444 | 48.5% |
| 6 STILES CT | 2025-07 | $455,000 | 2,399 | 55.8% |
| 101 ROLLING ACRE DR | 2025-09 | $605,000 | 2,510 | 48.3% |
| 3 PEACOCK CIRCLE | 2025-02 | $465,000 | 2,412 | 52.3% |
| 9 LAWRENCE LN | 2025-11 | $555,000 | 2,629 | 56.9% |
| 40 PEACOCK CIRCLE | 2025-10 | $450,000 | 2,412 | 56.6% |
| 15 SWEETBRIAR DR | 2025-01 | $590,000 | 2,454 | 52.8% |
| 10 CARDINAL CT | 2025-12 | $435,625 | 2,428 | 58.4% |
| 4 FLAMINGO CT | 2026-03 | $430,000 | 2,412 | 56.6% |
| 20 APPLETREE LN | 2026-02 | $520,000 | 2,436 | 52.0% |
| 5 GALOUBET WALK | 2026-06 | $628,000 | 2,340 | 47.6% |
| 5 FERRO DR | 2025-08 | $485,000 | 2,498 | 55.2% |
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