The Fair Share Report
219 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 $541,878 – $763,371, 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 $643,935 home should be assessed near $387,263.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,837 above what the ratio math suggests (11.1%).
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%85%
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 |
|---|---|---|---|---|
| 434 BISHOP RD | 2025-04 | $320,000 | 3,170 | 75.4% |
| 388 WOLFERT STATION RD | 2025-01 | $635,000 | 2,985 | 60.1% |
| 244 WALTERS RD | 2025-05 | $475,000 | 2,588 | 54.8% |
| 317 CLEMS RUN | 2025-10 | $612,500 | 2,368 | 58.2% |
| 705 MALUS CT | 2026-02 | $649,900 | 3,029 | 62.2% |
| 69 WOODSTOWN RD | 2025-07 | $695,000 | 4,306 | 66.2% |
| 741 BARNSBORO RD | 2026-04 | $850,000 | 2,533 | 44.4% |
| 1313 ELLIS MILL RD | 2025-07 | $750,000 | 3,699 | 54.2% |
| 109 BROOKSIDE WAY | 2025-06 | $700,000 | 2,962 | 55.7% |
| 259 CLEMS RUN | 2025-06 | $615,000 | 2,398 | 51.1% |
| 7 EAGLE DR | 2025-10 | $670,000 | 3,219 | 55.5% |
| 404 HARVEST MILL WAY | 2025-08 | $715,000 | 2,896 | 55.4% |
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