The Fair Share Report

73 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

≈ $726,042

Likely range $649,729 – $804,398, 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 $726,042 home should be assessed near $499,590.

Step 3 · Assessed value

$397,900

Set at the last town-wide revaluation and mostly frozen since. That's $101,690 below what the ratio math suggests (20.4%).

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

$11,949/yr
Public schools$8,524
Morris County$1,273
Town of Washington$2,152
Washington average$13,292

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

Town median 60.2%
This home · 54.8%

44%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
158 FAIRVIEW AVE2025-01$675,0002,46452.1%
140 KINGS HWY FL2025-03$643,0002,39858.5%
169 NAUGHRIGHT RD2025-06$795,0002,53652.3%
120 W VALLEY BROOK RD2025-01$670,0002,55660.2%
43 LONG HILL RD2025-05$765,0002,59263.0%
3 BEAVER BROOK DR2026-05$850,0002,39055.3%
15 FLEMING CT2026-03$757,0002,54562.8%
199 W SPRINGTOWN RD2025-10$837,5002,59451.4%
143 BEACON HILL RD2026-01$699,0002,58362.2%
18 E VALLEY BROOK RD2025-07$605,0002,76758.2%
6 BEAVER BROOK DR2025-01$670,0002,53270.8%
5 FIELDSTONE DR FL2026-06$960,0002,67856.9%

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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 →