The Fair Share Report
108 Clems Run
Harrison, NJ 08062
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 $473,309 – $663,468, from 12 comparable Harrison 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 Harrison assessments sit below market value — republished every October, applied town-wide. A $588,208 home should be assessed near $353,748.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48 below what the ratio math suggests (0.0%).
Step 4 · The tax rate — same for every Harrison home
$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%
Step 5 · The bill
This home vs. every recent Harrison sale · assessed ÷ market
42%80%
Paying about right
This home's ratio lands inside Harrison'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 |
|---|---|---|---|---|
| 741 BARNSBORO RD | 2026-04 | $850,000 | 2,533 | 44.4% |
| 77 N MAIN ST | 2025-08 | $410,000 | 2,026 | 55.2% |
| 317 CLEMS RUN | 2025-10 | $612,500 | 2,368 | 58.2% |
| 259 CLEMS RUN | 2025-06 | $615,000 | 2,398 | 51.1% |
| 70 N MAIN ST | 2025-03 | $540,000 | 2,791 | 49.7% |
| 244 WALTERS RD | 2025-05 | $475,000 | 2,588 | 54.8% |
| 210 DILLONS LN | 2025-09 | $800,000 | 2,659 | 54.9% |
| 388 WOLFERT STATION RD | 2025-01 | $635,000 | 2,985 | 60.1% |
| 434 BISHOP RD | 2025-04 | $320,000 | 3,170 | 75.4% |
| 503 RAMBLESIDE CT | 2025-02 | $625,000 | 2,684 | 63.3% |
| 537 CLEMS RUN | 2026-01 | $475,000 | 2,034 | 55.2% |
| 537 CLEMS RUN | 2025-01 | $450,000 | 2,034 | 58.3% |
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