The Fair Share Report
4 Centauri Ave
Washington, NJ 08071
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 $270,000 – $374,764, from 12 comparable Washington sales in the past 18 months, at this home's 1,360 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 $345,178 home should be assessed near $205,070.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,270 below what the ratio math suggests (14.3%).
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 |
|---|---|---|---|---|
| 78 LUPUS LN | 2025-06 | $365,000 | 1,360 | 48.4% |
| 44 HARTFORD RD | 2025-09 | $360,000 | 1,365 | 48.1% |
| 8 HERCULES CT | 2026-03 | $439,900 | 1,360 | 43.5% |
| 192 ALTAIR DR | 2026-02 | $301,500 | 1,360 | 62.5% |
| 11 FOMALHAUT CT | 2025-03 | $260,000 | 1,360 | 40.9% |
| 27 LUPUS LN | 2025-03 | $350,000 | 1,379 | 53.0% |
| 2 ARCTURUS DR | 2026-05 | $375,000 | 1,360 | 47.1% |
| 11 FOMAL CT | 2026-04 | $280,000 | 1,360 | 40.4% |
| 140 ALTAIR DR | 2025-08 | $325,000 | 1,360 | 56.6% |
| 6 HAMAL CT | 2025-06 | $270,000 | 1,360 | 42.6% |
| 2 ARGO DR | 2025-11 | $380,000 | 1,379 | 50.0% |
| 796 RICHMOND DR | 2026-04 | $380,000 | 1,342 | 51.3% |
Is this your house?
Run your own report →