The Fair Share Report

22 Sutton Dr

Harding, NJ 07976

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

≈ $2,560,345

Likely range $2,084,119 – $2,927,857, from 12 comparable Harding sales in the past 18 months, at this home's 5,940 sq ft.

Step 2 · The Director's Ratio

74.57%

The state's official measure of how far Harding assessments sit below market value — republished every October, applied town-wide. A $2,560,345 home should be assessed near $1,909,249.

Step 3 · Assessed value

$2,194,700

Set at the last town-wide revaluation and mostly frozen since. That's $285,451 above what the ratio math suggests (15.0%).

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

$1.234 per $100 assessed

$0.580 Schools · 47% $0.299 County · 24% $0.355 Town · 29%

Step 5 · The bill

$27,083/yr
Public schools$12,729
Morris County$6,562
Town of Harding$7,791
Harding average$15,976

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

Town median 64.2%
This home · 85.7%

46%111%

A touch high — worth watching

This home's ratio sits above most of Harding, but doesn't clear NJ's legal appeal line (85.76%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1 PLEASANT PLAINS RD2025-08$3,300,0006,69560.0%
58 BROOK DR SOUTH2026-06$1,407,0005,13569.0%
80 GLEN ALPIN RD2025-06$2,300,0005,41068.1%
676 SPRING VALLEY RD2025-11$2,400,0005,30671.7%
72 VILLAGE RD2025-11$2,850,0005,23459.1%
12 WHITE DEER LN2025-02$1,650,0005,04794.3%
12 FAIRCHILD LN2025-07$1,850,0004,38461.0%
7 CEDAR HILL DR2025-10$3,550,0004,71028.6%
624 VAN BEUREN RD2025-06$3,500,0006,17868.7%
106 COLONIAL DR2026-02$1,995,0005,68669.1%
25 FOX HUNT RD2025-05$2,550,0005,57778.5%
71 VILLAGE RD2025-05$3,500,0008,12054.7%

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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 →