The Fair Share Report
112 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $227,893 – $373,585, from 12 comparable Harrison sales in the past 18 months, at this home's 1,200 sq ft.
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 $327,750 home should be assessed near $197,109.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,409 below what the ratio math suggests (15.9%).
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
39%78%
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 |
|---|---|---|---|---|
| 121 COLSON LN | 2025-07 | $344,000 | 1,248 | 60.2% |
| 123 CLEMS RUN | 2025-11 | $429,900 | 1,352 | 51.8% |
| 113 ALLENS LN | 2025-11 | $256,000 | 1,348 | 50.7% |
| 112 RIDGEWAY LN | 2025-04 | $400,000 | 1,248 | 47.1% |
| 22 HIGH ST | 2025-08 | $330,000 | 1,060 | 50.9% |
| 521 CLEMS RUN | 2026-05 | $495,000 | 1,526 | 45.9% |
| 640 CLEMS RUN | 2025-09 | $170,000 | 1,108 | 84.4% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
| 217 ALLENS LN | 2025-05 | $259,000 | 1,699 | 53.1% |
| 12 POPLAR CT | 2025-10 | $437,000 | 1,600 | 54.3% |
| 335 ALLENS LN | 2025-08 | $315,000 | 1,742 | 45.0% |
| 316 EWAN RD | 2025-02 | $360,000 | 1,344 | 61.2% |
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