The Fair Share Report
38 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 $568,111 – $676,668, 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 $596,720 home should be assessed near $410,603.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $119,503 below what the ratio math suggests (29.1%).
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
38%85%
Keep quiet and enjoy it
This home's assessment ratio sits below the Washington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 W VALLEY BROOK RD | 2025-04 | $645,000 | 1,726 | 49.7% |
| 218 BEACON HILL RD | 2025-12 | $750,000 | 2,079 | 51.2% |
| 16 S WASHINGTON VALLEY RD | 2025-10 | $660,000 | 1,900 | 48.6% |
| 337 NAUGHRIGHT RD | 2025-05 | $635,000 | 1,980 | 69.1% |
| 21 OVERLOOK DR | 2025-05 | $640,000 | 1,668 | 51.8% |
| 57 MOUNTAIN VIEW AVE | 2026-06 | $665,000 | 1,670 | 52.3% |
| 6 EVERGREEN PL | 2025-08 | $525,000 | 1,914 | 67.0% |
| 2 DELMAR TER | 2025-01 | $635,000 | 1,900 | 50.9% |
| 15 KIM LN | 2025-02 | $550,000 | 1,551 | 56.3% |
| 152 FAIRMOUNT RD | 2025-09 | $585,000 | 2,144 | 58.6% |
| 8 LOWER SUNSET TER | 2025-06 | $560,000 | 1,464 | 51.5% |
| 47 FAWNRIDGE DR | 2025-08 | $610,000 | 1,880 | 53.3% |
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