The Fair Share Report
40 Turtleback Rd
Washington, NJ 07830
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 $657,959 – $929,790, 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 $818,726 home should be assessed near $563,365.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,565 below what the ratio math suggests (8.6%).
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
46%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 |
|---|---|---|---|---|
| 208 FAIRMOUNT RD | 2025-09 | $620,000 | 3,528 | 80.9% |
| 24 CHURCH RD | 2026-02 | $775,000 | 2,880 | 47.2% |
| 12 WALDON RD | 2026-05 | $900,000 | 3,217 | 53.9% |
| 10 TURTLEBACK RD | 2026-06 | $999,000 | 3,617 | 54.8% |
| 50 MARKHAM DR | 2025-06 | $846,000 | 3,381 | 61.5% |
| 11 HIGHLAND AVE | 2026-05 | $1,169,000 | 3,286 | 57.4% |
| 26 GLEN RIDGE DR | 2025-10 | $900,000 | 3,138 | 60.2% |
| 125 DRAKESTOWN RD | 2025-09 | $697,000 | 3,366 | 75.5% |
| 18 E VALLEY BROOK RD | 2025-07 | $605,000 | 2,767 | 58.2% |
| 81 OLD FARMERS RD FL | 2025-01 | $620,000 | 3,198 | 80.7% |
| 65 WEHRLI RD | 2026-03 | $835,000 | 2,810 | 56.6% |
| 1 RIVER TRL | 2025-08 | $640,000 | 2,607 | 58.0% |
Is this your house?
Run your own report →