The Fair Share Report
8 Nova Ct
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 $251,203 – $272,278, 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 $264,239 home should be assessed near $156,984.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,084 below what the ratio math suggests (27.4%).
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
36%74%
Keep quiet and enjoy it
This home's assessment ratio sits below the Washington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 730 SEDGEWICK CT | 2026-06 | $272,000 | 1,131 | 46.5% |
| 656 YORKSHIRE CT | 2025-10 | $250,000 | 1,131 | 50.9% |
| 312 SURREY CT | 2025-05 | $280,000 | 1,131 | 48.4% |
| 218 BOOTHBY CT | 2025-04 | $265,000 | 1,131 | 51.0% |
| 220 POPLAR ST | 2025-07 | $258,500 | 1,136 | 56.3% |
| 127 DEVONSHIRE CT | 2026-06 | $265,000 | 1,104 | 51.4% |
| 305 SURREY CT | 2026-04 | $289,170 | 1,104 | 45.3% |
| 623 YORKSHIRE CT | 2026-03 | $245,000 | 1,104 | 53.8% |
| 633 YORKSHIRE CT | 2026-03 | $267,000 | 1,104 | 49.1% |
| 535 SHETLAND CT | 2026-02 | $281,200 | 1,104 | 48.4% |
| 213 BOOTHBY CT | 2026-02 | $260,000 | 1,104 | 51.1% |
| 737 SEDGEWICK CT | 2025-03 | $264,900 | 1,104 | 50.2% |
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