The Fair Share Report

4 Raspberry Ln

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.

Step 1 · Market value

≈ $882,018

Likely range $776,899 – $927,242, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $882,018 home should be assessed near $606,917.

Step 3 · Assessed value

$455,300

Set at the last town-wide revaluation and mostly frozen since. That's $151,617 below what the ratio math suggests (25.0%).

Step 4 · The tax rate — same for every Washington home

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$13,673/yr
Public schools$9,754
Morris County$1,456
Town of Washington$2,462
Washington average$13,292

This home vs. every recent Washington sale · assessed ÷ market

Town median 60.2%
This home · 51.6%

44%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)

AddressSoldPriceSq ftRatio
30 WELSH FARM RD2026-01$851,0002,89764.7%
3 NORTHRIDGE CT2025-08$890,0003,03561.8%
11 CANDOUR CT2025-08$775,0002,77460.6%
30 SQUIRE HILL RD2025-10$875,0003,11757.5%
6 WILLIAM WAY FL2025-09$925,0003,18459.7%
23 BLACKBERRY PL2025-09$879,0003,04559.0%
65 KINGS HWY2025-10$835,0003,51180.7%
281 FAIRVIEW AVE FL2025-06$890,0003,01664.2%
23 SETTING SUN DR2025-06$860,0003,50465.9%
10 HIGHLAND AVE FL2025-05$1,050,0002,91958.1%
2 SAMANTHA LN2025-06$880,0003,44375.8%
77 KIM LN2025-03$950,0003,45268.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →