The Fair Share Report
13 Harmony Ter
Harmony, NJ 07040
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 $307,199 – $418,890, from 12 comparable Harmony 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 Harmony assessments sit below market value — republished every October, applied town-wide. A $373,711 home should be assessed near $218,135.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $86,335 below what the ratio math suggests (39.6%).
Step 4 · The tax rate — same for every Harmony home
$1.402 Schools · 53% $0.938 County · 35% $0.325 Town · 12%
Step 5 · The bill
This home vs. every recent Harmony sale · assessed ÷ market
26%73%
Keep quiet and enjoy it
This home's assessment ratio sits below the Harmony pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 991 MARBLE HILL RD. | 2025-07 | $362,500 | 1,338 | 43.9% |
| 100 RIDGE ROAD | 2026-05 | $389,300 | 1,285 | 43.2% |
| 5 DECKER ROAD | 2026-06 | $408,300 | 1,248 | 41.9% |
| 2948 RIVER ROAD | 2025-12 | $450,000 | — | 1.6% |
| 3110 BELVIDERE RD | 2025-01 | $215,000 | 1,626 | 65.6% |
| 116 RIDGE RD. | 2025-12 | $329,800 | 1,002 | 49.1% |
| 281 MARBLE HILL RD | 2025-06 | $250,000 | 1,016 | 63.9% |
| 390 MONTANA ROAD | 2025-11 | $400,000 | 1,260 | 47.2% |
| 109 GARRISON RD. | 2026-06 | $460,000 | 1,142 | 42.0% |
| 481 HARM BRASS CASTLE RD | 2025-06 | $265,000 | 1,364 | 54.8% |
| 264 RIDGE RD. | 2026-03 | $467,500 | 1,620 | 48.0% |
| 2770 BELVIDERE RD | 2025-05 | $335,000 | 1,131 | 41.5% |
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