The Fair Share Report
5 Stuart Ct
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 $753,084 – $877,378, 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 $826,577 home should be assessed near $568,768.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,268 below what the ratio math suggests (6.4%).
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 |
|---|---|---|---|---|
| 60 ZELLERS RD | 2025-04 | $830,000 | 2,747 | 61.9% |
| 11 E GATE RD | 2025-10 | $960,000 | 2,804 | 51.2% |
| 7 RAMSEY WAY | 2025-07 | $880,000 | 3,026 | 58.5% |
| 39 SQUIRE HILL RD | 2026-06 | $880,000 | 3,054 | 58.5% |
| 143 BEACON HILL RD | 2026-01 | $699,000 | 2,583 | 62.2% |
| 26 GLEN RIDGE DR | 2025-10 | $900,000 | 3,138 | 60.2% |
| 65 WEHRLI RD | 2026-03 | $835,000 | 2,810 | 56.6% |
| 18 CIDER MILL LN | 2025-07 | $790,000 | 3,028 | 59.6% |
| 6 BEAVER BROOK DR | 2025-01 | $670,000 | 2,532 | 70.8% |
| 19 CIDER MILL LN | 2025-03 | $760,000 | 2,725 | 67.3% |
| 11 HIGHLAND AVE | 2026-05 | $1,169,000 | 3,286 | 57.4% |
| 47 MARKHAM DR | 2025-10 | $720,000 | 2,536 | 64.0% |
Is this your house?
Run your own report →