The Fair Share Report
89 E Dr
Watchung, NJ 07069
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 $912,840 – $1,253,951, from 12 comparable Watchung 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 Watchung assessments sit below market value — republished every October, applied town-wide. A $1,161,059 home should be assessed near $1,116,474.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $179,974 below what the ratio math suggests (16.1%).
Step 4 · The tax rate — same for every Watchung home
$1.011 Schools · 52% $0.336 County · 17% $0.604 Town · 31%
This home's own bill implies $1.844 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Watchung sale · assessed ÷ market
69%112%
Paying about right
This home's ratio lands inside Watchung'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 |
|---|---|---|---|---|
| 916 VALLEY ROAD | 2026-05 | $1,450,000 | 3,420 | 92.6% |
| 832 VALLEY ROAD | 2025-01 | $1,160,000 | 3,287 | 89.3% |
| 1152 JOHNSTON DRIVE | 2026-01 | $1,040,000 | 3,570 | 97.6% |
| 170 ANDERSON ROAD | 2026-06 | $825,000 | 2,965 | 85.4% |
| 170 ANDERSON ROAD | 2026-06 | $690,000 | 2,965 | 102.1% |
| 1370 JOHNSTON DRIVE | 2026-05 | $1,280,000 | 3,534 | 85.7% |
| 302 TIFFANY WAY | 2026-03 | $1,199,000 | 2,779 | 96.7% |
| 163 JOHNSTON DRIVE | 2025-02 | $801,000 | 2,404 | 99.3% |
| 127 HIGH TOR DRIVE | 2026-06 | $999,999 | 2,766 | 86.8% |
| 35 SEQUOIA DRIVE | 2026-06 | $915,000 | 2,638 | 106.8% |
| 60 GLEN EAGLES DRIVE | 2025-01 | $930,000 | 2,626 | 100.7% |
| 601 PHILLIP LANE | 2025-03 | $985,000 | 2,620 | 95.7% |
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