The Fair Share Report

108 Sherwin Rd

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.

Step 1 · Market value

≈ $402,222

Likely range $337,167 – $464,958, from 12 comparable Harrison sales in the past 18 months, at this home's 1,991 sq ft.

Step 2 · The Director's Ratio

60.14%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $402,222 home should be assessed near $241,896.

Step 3 · Assessed value

$210,000

Set at the last town-wide revaluation and mostly frozen since. That's $31,896 below what the ratio math suggests (13.2%).

Step 4 · The tax rate — same for every Harrison home

$3.300 per $100 assessed

$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%

Step 5 · The bill

$7,151/yr
Public schools$4,121
Gloucester County$1,619
Town of Harrison$1,411
Harrison average$11,545

This home vs. every recent Harrison sale · assessed ÷ market

Town median 55.4%
This home · 52.2%

40%75%

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)

AddressSoldPriceSq ftRatio
537 CLEMS RUN2026-01$475,0002,03455.2%
537 CLEMS RUN2025-01$450,0002,03458.3%
251 MULLICA HILL RD2025-12$449,9002,27447.5%
219 ALLENS LN2026-05$315,0002,06851.6%
219 ALLENS LN2025-03$300,0002,06854.1%
115 FRANKLIN DR2025-06$555,0001,98354.3%
1280 ELLIS MILL RD2025-01$400,0001,98059.9%
280 HIGH ST2025-07$485,0001,85259.0%
401 JOSEPHINE LN2026-06$580,0001,96850.3%
335 ALLENS LN2025-08$315,0001,74245.0%
15 WOODLAND AVE2026-01$530,0002,30856.0%
217 ALLENS LN2025-05$259,0001,69953.1%

Is this your house?

Run your own report →

Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →