The Fair Share Report

205 John St

Harrison, NJ 07029

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

≈ $681,864

Likely range $412,675 – $832,701, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.39%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $681,864 home should be assessed near $473,145.

Step 3 · Assessed value

$464,200

Set at the last town-wide revaluation and mostly frozen since. That's $8,945 below what the ratio math suggests (1.9%).

Step 4 · The tax rate — same for every Harrison home

$2.383 per $100 assessed

$0.806 Schools · 34% $0.490 County · 21% $1.087 Town · 46%

Step 5 · The bill

$11,067/yr
Public schools$3,743
Hudson County$2,276
Town of Harrison$5,048
Harrison average$10,909

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

Town median 64.6%
This home · 68.1%

47%118%

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
16 S THIRD ST2025-04$450,0002,22460.0%
412 WILLIAM ST2025-07$685,0002,19162.5%
102 GRANT AVE2026-05$350,0002,202121.2%
226 JERSEY ST2025-08$670,0002,14665.7%
308 N SECOND ST2025-03$615,0002,10865.6%
227 PATTERSON ST2025-12$700,0002,03474.6%
228 HAMILTON ST2025-12$850,0002,32057.7%
311 RODGERS BLVD S2025-06$400,0002,32690.0%
218 CLEVELAND AVE2025-06$745,0002,03659.0%
509 N FIFTH ST2025-11$490,0002,00777.5%
321 WILLIAM ST2025-04$870,0001,90251.2%
309 JERSEY ST2025-02$998,00075.2%

Is this your house?

Run your own report →

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 →