The Fair Share Report
8 Eagle Rd
Washington, NJ 08012
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 $462,431 – $564,093, 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 $499,949 home should be assessed near $297,020.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,620 below what the ratio math suggests (2.9%).
Step 4 · The tax rate — same for every Washington home
$2.183 Schools · 60% $0.691 County · 19% $0.790 Town · 22%
Step 5 · The bill
This home vs. every recent Washington sale · assessed ÷ market
40%74%
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 |
|---|---|---|---|---|
| 85 BRYANT RD | 2025-01 | $526,000 | 2,564 | 53.6% |
| 44 CRANFORD RD | 2025-09 | $375,000 | 2,559 | 65.3% |
| 9 BRYANT RD | 2026-04 | $565,000 | 2,517 | 52.5% |
| 94 BRYANT RD | 2025-05 | $565,000 | 2,591 | 51.9% |
| 1724 LEE CT | 2026-03 | $455,000 | 2,504 | 54.3% |
| 910 HOWE ST | 2025-01 | $460,000 | 2,349 | 50.9% |
| 12 YORK CT | 2025-01 | $539,000 | 2,513 | 53.6% |
| 9 EDEN RD | 2025-10 | $525,000 | 2,372 | 52.5% |
| 565 CAMBRIDGE RD | 2026-04 | $600,000 | 2,648 | 45.0% |
| 1010 HANCOCK DR | 2026-05 | $430,000 | 2,352 | 49.4% |
| 14 RIGEL CT | 2025-04 | $515,000 | 2,704 | 56.5% |
| 106 CAPELLA RD | 2025-10 | $490,000 | 2,676 | 51.3% |
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