The Fair Share Report
16 Decker Rd
Harmony, NJ 08865
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Harmony's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $388,705 – $623,918, 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 $491,140 home should be assessed near $286,678.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $522 above what the ratio math suggests (0.2%).
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
36%79%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1035 MARBLE HILL ROAD | 2025-05 | $489,240 | 2,644 | 51.5% |
| 137 HARM BRASS CASTLE RD. | 2025-03 | $375,000 | 2,280 | 78.8% |
| 9 RIVEREDGE LANE | 2026-05 | $560,000 | 2,046 | 46.7% |
| 16 COUNTRY CLUB LANE | 2025-05 | $730,000 | 3,264 | 54.6% |
| 23 MARNEL ROAD | 2025-01 | $455,000 | 1,786 | 51.3% |
| 246 MILLBROOK RD. | 2025-12 | $531,000 | 1,710 | 43.3% |
| 264 RIDGE RD. | 2026-03 | $467,500 | 1,620 | 48.0% |
| 79 FOX FARM ROAD | 2025-05 | $500,000 | 2,932 | 52.0% |
| 2085 BELVIDERE RD | 2025-09 | $402,000 | 2,047 | 49.3% |
| 390 MONTANA ROAD | 2025-11 | $400,000 | 1,260 | 47.2% |
| 3110 BELVIDERE RD | 2025-01 | $215,000 | 1,626 | 65.6% |
| 3 GREEN VALLEY WAY | 2025-06 | $815,000 | 4,189 | 66.6% |
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