The Fair Share Report

61 Turtleback Rd

Washington, NJ 07830

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

≈ $714,741

Likely range $654,185 – $782,826, 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 $714,741 home should be assessed near $491,813.

Step 3 · Assessed value

$401,900

Set at the last town-wide revaluation and mostly frozen since. That's $89,913 below what the ratio math suggests (18.3%).

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

$12,069/yr
Public schools$8,610
Morris County$1,286
Town of Washington$2,174
Washington average$13,292

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

Town median 60.2%
This home · 56.2%

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
169 NAUGHRIGHT RD2025-06$795,0002,53652.3%
158 FAIRVIEW AVE2025-01$675,0002,46452.1%
140 KINGS HWY FL2025-03$643,0002,39858.5%
5 FIELDSTONE DR FL2026-06$960,0002,67856.9%
43 LONG HILL RD2025-05$765,0002,59263.0%
105 HACKLEBARNEY RD FL2025-02$625,0002,15967.1%
19 CIDER MILL LN2025-03$760,0002,72567.3%
120 W VALLEY BROOK RD2025-01$670,0002,55660.2%
91 W VALLEY BROOK RD2025-01$727,0002,34862.6%
15 FLEMING CT2026-03$757,0002,54562.8%
199 W SPRINGTOWN RD2025-10$837,5002,59451.4%
3 BEAVER BROOK DR2026-05$850,0002,39055.3%

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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 →