The Fair Share Report
83 Spring Ln
Washington, NJ 07840
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 $684,550 – $853,424, 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 $761,276 home should be assessed near $523,834.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,034 below what the ratio math suggests (15.3%).
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
46%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 |
|---|---|---|---|---|
| 24 CHURCH RD | 2026-02 | $775,000 | 2,880 | 47.2% |
| 1 RIVER TRL | 2025-08 | $640,000 | 2,607 | 58.0% |
| 18 E VALLEY BROOK RD | 2025-07 | $605,000 | 2,767 | 58.2% |
| 65 WEHRLI RD | 2026-03 | $835,000 | 2,810 | 56.6% |
| 11 E GATE RD | 2025-10 | $960,000 | 2,804 | 51.2% |
| 38 MOUNTAIN VIEW AVE | 2025-11 | $675,000 | 2,562 | 57.0% |
| 208 FAIRMOUNT RD | 2025-09 | $620,000 | 3,528 | 80.9% |
| 120 W VALLEY BROOK RD | 2025-01 | $670,000 | 2,556 | 60.2% |
| 199 W SPRINGTOWN RD | 2025-10 | $837,500 | 2,594 | 51.4% |
| 60 ZELLERS RD | 2025-04 | $830,000 | 2,747 | 61.9% |
| 15 FLEMING CT | 2026-03 | $757,000 | 2,545 | 62.8% |
| 241 MISSION RD | 2025-11 | $532,500 | 2,200 | 57.2% |
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