The Fair Share Report

6 Deer Path

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.

Step 1 · Market value

≈ $618,385

Likely range $572,558 – $656,171, from 12 comparable Washington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $618,385 home should be assessed near $425,511.

Step 3 · Assessed value

$359,700

Set at the last town-wide revaluation and mostly frozen since. That's $65,811 below what the ratio math suggests (15.5%).

Step 4 · The tax rate — same for every Washington home

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$10,802/yr
Public schools$7,706
Morris County$1,151
Town of Washington$1,945
Washington average$13,292

This home vs. every recent Washington sale · assessed ÷ market

Town median 60.2%
This home · 58.2%

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)

AddressSoldPriceSq ftRatio
95 FAWNRIDGE DR2026-04$707,0001,94847.9%
32 FAWNRIDGE DR2025-08$615,0001,80054.1%
32 FAWNRIDGE DR2025-04$595,0001,80055.9%
60 PAULA DR2025-05$667,0002,05858.5%
6 POWDER MILL RD2025-05$725,0002,12450.5%
2 DELMAR TER2025-01$635,0001,90050.9%
47 FAWNRIDGE DR2025-08$610,0001,88053.3%
23 PAULA DR2025-04$550,0001,81456.2%
2 CEDAR CT2025-10$696,0002,20050.0%
62 FAWNRIDGE DR2025-12$585,0002,22458.6%
16 S WASHINGTON VALLEY RD2025-10$660,0001,90048.6%
31 SPRING LN2025-07$599,0002,08055.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →