The Fair Share Report
125 High St
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 $316,584 – $508,338, 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 $403,026 home should be assessed near $242,380.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $109,320 above what the ratio math suggests (45.1%).
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%117%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (69.16%) — roughly $3,608/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 205 ALLENS LN | 2026-06 | $305,000 | 1,742 | 45.6% |
| 130 ALLENS LN | 2025-06 | $295,000 | 1,742 | 46.9% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
| 259 CLEMS RUN | 2025-06 | $615,000 | 2,398 | 51.1% |
| 113 ALLENS LN | 2025-11 | $256,000 | 1,348 | 50.7% |
| 388 WOLFERT STATION RD | 2025-01 | $635,000 | 2,985 | 60.1% |
| 506 MACINTOSH DR | 2025-07 | $553,000 | 1,944 | 55.5% |
| 128 DOGWOOD DR | 2025-07 | $425,000 | 1,928 | 53.0% |
| 17 PARK DR | 2026-03 | $442,500 | 1,946 | 41.2% |
| 17 PARK DR | 2025-07 | $255,000 | 1,946 | 71.6% |
| 19 PARK DR | 2025-01 | $407,000 | 1,946 | 48.7% |
| 115 FRANKLIN DR | 2025-06 | $555,000 | 1,983 | 54.3% |
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