The Fair Share Report
53 E Ave
Washington, NJ 07840
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 $546,419 – $695,438, 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 $641,091 home should be assessed near $441,135.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $124,935 below what the ratio math suggests (28.3%).
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
40%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 |
|---|---|---|---|---|
| 45 KNOB HILL RD | 2026-04 | $625,000 | 1,961 | 53.8% |
| 50 KNOB HILL RD | 2025-04 | $350,000 | 1,895 | 86.2% |
| 6 POWDER MILL RD | 2025-05 | $725,000 | 2,124 | 50.5% |
| 62 FAWNRIDGE DR | 2025-12 | $585,000 | 2,224 | 58.6% |
| 2 CEDAR CT | 2025-10 | $696,000 | 2,200 | 50.0% |
| 16 KNOB HILL RD | 2025-11 | $568,600 | 2,568 | 66.5% |
| 149 FLOCKTOWN RD | 2026-06 | $815,000 | 2,153 | 46.6% |
| 2401 DECATUR CT | 2026-04 | $560,000 | 2,192 | 55.8% |
| 60 PAULA DR | 2025-05 | $667,000 | 2,058 | 58.5% |
| 31 SPRING LN | 2025-07 | $599,000 | 2,080 | 55.7% |
| 50 FAWNRIDGE DR | 2025-09 | $647,000 | 2,224 | 54.0% |
| 38 NESTLING WOOD DR | 2025-07 | $623,000 | 2,058 | 52.4% |
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