The Fair Share Report
386 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 $425,768 – $463,978, 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 $449,357 home should be assessed near $266,963.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,963 below what the ratio math suggests (16.8%).
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
40%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 |
|---|---|---|---|---|
| 130 SALINA RD | 2025-11 | $470,000 | 1,979 | 46.6% |
| 806 MARLBOROUGH ST | 2026-06 | $450,000 | 1,972 | 53.6% |
| 804 SARATOGA TER | 2025-11 | $463,000 | 1,972 | 51.5% |
| 816 COACH RD | 2026-04 | $462,000 | 1,980 | 41.9% |
| 1046 STANDISH DR | 2025-07 | $430,000 | 1,953 | 53.3% |
| 120 CHATHAM RD | 2025-01 | $441,350 | 1,922 | 52.0% |
| 516 WHITMAN DR | 2025-09 | $420,000 | 1,838 | 54.8% |
| 863 WHITMAN DR | 2025-07 | $370,000 | 1,833 | 52.3% |
| 1025 PUTNAM PL | 2026-03 | $425,000 | 1,953 | 50.0% |
| 34 WHITE BIRCH RD | 2026-04 | $440,000 | 1,928 | 49.7% |
| 14 BELLS LAKE DR | 2025-09 | $460,000 | 1,896 | 42.8% |
| 902 WHITMAN DR | 2025-06 | $440,000 | 1,801 | 47.9% |
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