The Fair Share Report

69 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

≈ $847,964

Likely range $777,977 – $881,454, from 12 comparable Washington sales in the past 18 months, at this home's 3,031 sq ft.

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 $847,964 home should be assessed near $583,484.

Step 3 · Assessed value

$455,400

Set at the last town-wide revaluation and mostly frozen since. That's $128,084 below what the ratio math suggests (22.0%).

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

$13,676/yr
Public schools$9,756
Morris County$1,457
Town of Washington$2,463
Washington average$13,292

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

Town median 60.2%
This home · 53.7%

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
7 RAMSEY WAY2025-07$880,0003,02658.5%
18 E VALLEY BROOK RD2025-07$605,0002,76758.2%
18 CIDER MILL LN2025-07$790,0003,02859.6%
24 CHURCH RD2026-02$775,0002,88047.2%
65 WEHRLI RD2026-03$835,0002,81056.6%
81 OLD FARMERS RD FL2025-01$620,0003,19880.7%
12 WALDON RD2026-05$900,0003,21753.9%
26 GLEN RIDGE DR2025-10$900,0003,13860.2%
11 E GATE RD2025-10$960,0002,80451.2%
14 CLEARVIEW DR2025-10$865,0003,00859.9%
88 W SPRINGTOWN RD FL2025-09$750,0002,92262.0%
125 DRAKESTOWN RD2025-09$697,0003,36675.5%

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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 →