The Fair Share Report

110 S Third St

Harrison, NJ 07974

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

≈ $1,041,468

Likely range $593,108 – $1,341,537, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.39%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $1,041,468 home should be assessed near $722,675.

Step 3 · Assessed value

$663,500

Set at the last town-wide revaluation and mostly frozen since. That's $59,175 below what the ratio math suggests (8.2%).

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

$2.383 per $100 assessed

$0.806 Schools · 34% $0.490 County · 21% $1.087 Town · 46%

Step 5 · The bill

$15,818/yr
Public schools$5,350
Hudson County$3,253
Town of Harrison$7,215
Harrison average$10,909

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

Town median 64.6%
This home · 63.7%

44%117%

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
309 JERSEY ST2025-02$998,00075.2%
221 WILLIAM ST2025-12$1,050,0002,09060.0%
109 CROSS ST2025-09$930,0002,50857.6%
425 CLEVELAND AVE2026-04$750,0002,82568.9%
308 DAVIS AVE2026-04$755,0002,81566.1%
222 JERSEY ST2025-03$509,0002,884103.1%
408 JERSEY ST2026-06$960,0002,03864.6%
714 N FIFTH ST2025-04$675,0002,76568.6%
228 PATTERSON ST2025-08$865,0002,89251.6%
530 HAMILTON ST2026-01$1,185,0002,82048.9%
314 WARREN ST2025-08$999,0002,22475.1%
312 WARREN ST2025-05$999,0002,22475.1%

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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 →