The Fair Share Report
5 Point Rd
Washington, NJ 08012
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 $554,424 – $675,653, 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 $592,463 home should be assessed near $351,982.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,282 below what the ratio math suggests (8.6%).
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 |
|---|---|---|---|---|
| 9 LAWRENCE LN | 2025-11 | $555,000 | 2,629 | 56.9% |
| 101 ROLLING ACRE DR | 2025-09 | $605,000 | 2,510 | 48.3% |
| 2 RICKLAND DR | 2025-11 | $775,000 | 2,792 | 47.1% |
| 7 MISSISSIPPI TRL | 2026-05 | $615,000 | 2,444 | 48.5% |
| 24 UPTON WAY | 2026-03 | $565,000 | 2,607 | 57.6% |
| 27 UPTON WAY | 2025-12 | $540,000 | 2,607 | 64.3% |
| 7 DANBURY LN | 2025-12 | $690,900 | 2,860 | 51.1% |
| 39 NICHOLAS DR | 2025-05 | $652,000 | 2,913 | 55.6% |
| 6 STILES CT | 2025-07 | $455,000 | 2,399 | 55.8% |
| 2 KENSINGTON CT | 2025-07 | $580,000 | 2,607 | 59.1% |
| 34 BRANDYWINE WAY | 2025-06 | $595,000 | 2,594 | 51.2% |
| 5 TRAKENNER WALK | 2025-10 | $750,000 | 2,864 | 52.3% |
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