The Fair Share Report

127 Clems Run

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

≈ $588,441

Likely range $486,240 – $663,730, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).

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 $588,441 home should be assessed near $353,888.

Step 3 · Assessed value

$331,800

Set at the last town-wide revaluation and mostly frozen since. That's $22,088 below what the ratio math suggests (6.2%).

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

$11,298/yr
Public schools$6,512
Gloucester County$2,557
Town of Harrison$2,229
Harrison average$11,545

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

Town median 55.4%
This home · 56.4%

42%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
244 WALTERS RD2025-05$475,0002,58854.8%
317 CLEMS RUN2025-10$612,5002,36858.2%
741 BARNSBORO RD2026-04$850,0002,53344.4%
434 BISHOP RD2025-04$320,0003,17075.4%
210 DILLONS LN2025-09$800,0002,65954.9%
29 PEACH RIDGE DR2025-03$610,0002,58157.5%
503 RAMBLESIDE CT2025-02$625,0002,68463.3%
15 WOODLAND AVE2026-01$530,0002,30856.0%
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%
14 LANGE CT2025-09$728,5622,74857.5%

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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 →