The Fair Share Report
12 Eric 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 $297,997 – $455,893, from 12 comparable Harrison sales in the past 18 months, at this home's 1,702 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 $428,204 home should be assessed near $257,522.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $67,022 below what the ratio math suggests (26.0%).
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
36%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 223 N MAIN ST | 2026-03 | $205,000 | 2,064 | 74.2% |
| 23 WOODSTOWN RD | 2025-06 | $320,000 | 1,696 | 63.0% |
| 316 EWAN RD | 2025-02 | $360,000 | 1,344 | 61.2% |
| 466 WOODRUFF TRL | 2025-05 | $459,000 | 1,733 | 57.2% |
| 205 ALLENS LN | 2026-06 | $305,000 | 1,742 | 45.6% |
| 130 ALLENS LN | 2025-06 | $295,000 | 1,742 | 46.9% |
| 62 N MAIN ST | 2025-01 | $475,000 | 1,888 | 49.6% |
| 406 LABRADOR TRL | 2025-03 | $532,000 | 1,716 | 58.0% |
| 9 POPLAR CT | 2025-06 | $530,000 | 1,792 | 49.5% |
| 713 CHICKORY TRL | 2026-04 | $444,000 | 1,702 | 49.8% |
| 762 CHICKORY TRL | 2025-05 | $420,000 | 1,624 | 62.1% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
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