The Fair Share Report
9 Fairmount Dr
Washington, NJ 08081
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 $438,028 – $540,987, 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 $507,994 home should be assessed near $301,799.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,199 below what the ratio math suggests (18.3%).
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 |
|---|---|---|---|---|
| 23 RITTENHOUSE SQUARE | 2025-04 | $440,000 | 2,172 | 58.0% |
| 14 LORNE RD | 2026-04 | $580,000 | 2,276 | 46.1% |
| 37 LONGWOOD DR | 2025-05 | $490,000 | 2,124 | 46.1% |
| 31 TRAPPER RD | 2026-05 | $555,900 | 2,275 | 50.3% |
| 4 SADDLEBROOK DR | 2025-09 | $485,000 | 2,275 | 54.1% |
| 2 BRIDLE LN | 2025-09 | $555,000 | 2,275 | 50.4% |
| 13 STAG RUN | 2025-03 | $536,000 | 2,275 | 55.1% |
| 442 EGG HARBOR RD | 2025-09 | $440,000 | 2,250 | 54.2% |
| 1 HERITAGE VALLEY DR | 2025-07 | $539,900 | 2,271 | 52.7% |
| 51 DI'S CT | 2026-02 | $350,000 | 2,162 | 59.0% |
| 3 SPRING LAKE CT | 2025-10 | $505,000 | 2,108 | 52.3% |
| 6 SPRING MILL CT | 2025-08 | $631,000 | 2,196 | 46.3% |
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