The Fair Share Report
130 Cedar 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 $494,610 – $620,805, 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 $580,119 home should be assessed near $348,884.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,516 above what the ratio math suggests (4.7%).
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%79%
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 |
|---|---|---|---|---|
| 259 CLEMS RUN | 2025-06 | $615,000 | 2,398 | 51.1% |
| 388 WOLFERT STATION RD | 2025-01 | $635,000 | 2,985 | 60.1% |
| 205 ALLENS LN | 2026-06 | $305,000 | 1,742 | 45.6% |
| 130 ALLENS LN | 2025-06 | $295,000 | 1,742 | 46.9% |
| 317 CLEMS RUN | 2025-10 | $612,500 | 2,368 | 58.2% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
| 201 HARRISON RIDGE DR | 2025-02 | $610,000 | 2,410 | 60.7% |
| 14 STRETCH DR | 2025-02 | $597,000 | 2,226 | 57.4% |
| 15 WOODLAND AVE | 2026-01 | $530,000 | 2,308 | 56.0% |
| 1 PEACHTREE LN | 2025-10 | $565,000 | 2,498 | 55.4% |
| 1427 SWAN LN | 2025-09 | $596,000 | 2,300 | 53.1% |
| 126 CIDER PRESS DR | 2026-05 | $610,600 | 2,504 | 54.2% |
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