The Fair Share Report
5 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $914,996 – $1,177,089, 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 $1,027,400 home should be assessed near $706,954.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $125,454 below what the ratio math suggests (17.7%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 30 WELSH FARM RD | 2026-01 | $851,000 | 2,897 | 64.7% |
| 7 SHENANDOAH CT | 2025-07 | $1,357,500 | 4,013 | 62.8% |
| 36 W SPRINGTOWN RD | 2026-03 | $1,500,000 | 3,944 | 50.7% |
| 136 FLOCKTOWN RD FL | 2025-11 | $1,200,000 | 3,784 | 69.8% |
| 25 SHADOW HILL WAY | 2025-07 | $975,000 | 3,740 | 65.2% |
| 11 BELROSE CT | 2025-10 | $975,000 | 4,158 | 70.8% |
| 1 ELAINE CT | 2025-10 | $1,150,000 | 4,144 | 68.2% |
| 3 SHANNON MTN LN | 2025-06 | $960,000 | 4,070 | 72.5% |
| 478 NAUGHRIGHT RD | 2025-01 | $845,000 | 4,147 | 71.6% |
| 33 CHANCELLOR WAY | 2026-04 | $1,200,000 | 4,460 | 66.1% |
| 36 ASCOT DR | 2025-10 | $961,000 | 4,084 | 70.4% |
| 11 RICE LN FL | 2026-03 | $965,000 | 3,816 | 71.6% |
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