The Fair Share Report
7 E Mill Rd
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 $337,679 – $423,309, 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 $386,015 home should be assessed near $265,617.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,617 below what the ratio math suggests (25.1%).
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
42%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 |
|---|---|---|---|---|
| 177 SCHOOLEYS MTN RD | 2025-09 | $355,000 | 1,404 | 66.9% |
| 6 LA BONNTY TRL | 2025-12 | $380,000 | 1,208 | 53.5% |
| 55 EAST AVE | 2025-03 | $510,000 | 1,228 | 41.3% |
| 40 W MILL RD | 2025-06 | $355,000 | 1,254 | 73.8% |
| 6 N MAPLE AVE | 2025-09 | $576,000 | 1,799 | 60.8% |
| 65 SCHOOLEYS MTN RD | 2025-04 | $385,000 | 1,296 | 55.0% |
| 1202 MAGNOLIA CT | 2026-05 | $465,000 | 1,676 | 57.9% |
| 2303 SCARLETT DR | 2026-02 | $492,500 | 1,676 | 54.3% |
| 97 DRAKESTOWN RD | 2025-11 | $425,000 | 1,439 | 52.1% |
| 1203 MAGNOLIA CT | 2025-09 | $424,900 | 1,868 | 58.5% |
| 380 W MILL RD | 2026-04 | $450,000 | 1,710 | 68.4% |
| 153 PARKER RD | 2026-06 | $530,000 | 1,176 | 42.7% |
Is this your house?
Run your own report →