The Fair Share Report
36 E Springtown Rd
Washington, NJ 07853
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 $528,144 – $642,623, from 12 comparable Washington sales in the past 18 months, at this home's 1,680 sq ft.
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 $562,249 home should be assessed near $386,884.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,484 below what the ratio math suggests (23.1%).
Step 4 · The tax rate — same for every Washington home
$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
41%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 KIM LN | 2025-02 | $550,000 | 1,551 | 56.3% |
| 21 OVERLOOK DR | 2025-05 | $640,000 | 1,668 | 51.8% |
| 168 OLD TURNPIKE RD | 2025-01 | $425,000 | 1,625 | 62.7% |
| 10 W VALLEY BROOK RD | 2025-04 | $645,000 | 1,726 | 49.7% |
| 8 LOWER SUNSET TER | 2025-06 | $560,000 | 1,464 | 51.5% |
| 16 S WASHINGTON VALLEY RD | 2025-10 | $660,000 | 1,900 | 48.6% |
| 337 NAUGHRIGHT RD | 2025-05 | $635,000 | 1,980 | 69.1% |
| 2 DELMAR TER | 2025-01 | $635,000 | 1,900 | 50.9% |
| 47 FAWNRIDGE DR | 2025-08 | $610,000 | 1,880 | 53.3% |
| 57 MOUNTAIN VIEW AVE | 2026-06 | $665,000 | 1,670 | 52.3% |
| 249 NAUGHRIGHT RD | 2025-11 | $630,000 | 2,004 | 58.0% |
| 36 MOUNTAIN VIEW AVE | 2025-11 | $600,000 | 2,132 | 53.4% |
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