The Fair Share Report
8 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 $392,411 – $514,409, 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 $441,238 home should be assessed near $303,616.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,816 below what the ratio math suggests (26.9%).
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
38%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% |
| 1202 MAGNOLIA CT | 2026-05 | $465,000 | 1,676 | 57.9% |
| 2303 SCARLETT DR | 2026-02 | $492,500 | 1,676 | 54.3% |
| 6 N MAPLE AVE | 2025-09 | $576,000 | 1,799 | 60.8% |
| 1203 MAGNOLIA CT | 2025-09 | $424,900 | 1,868 | 58.5% |
| 380 W MILL RD | 2026-04 | $450,000 | 1,710 | 68.4% |
| 6 LA BONNTY TRL | 2025-12 | $380,000 | 1,208 | 53.5% |
| 50 KNOB HILL RD | 2025-04 | $350,000 | 1,895 | 86.2% |
| 12 BLACK RIVER RD | 2025-01 | $861,305 | 1,940 | 63.4% |
| 2401 DECATUR CT | 2026-04 | $560,000 | 2,192 | 55.8% |
| 45 KNOB HILL RD | 2026-04 | $625,000 | 1,961 | 53.8% |
| 55 EAST AVE | 2025-03 | $510,000 | 1,228 | 41.3% |
Is this your house?
Run your own report →