The Fair Share Report

229 John St

Harrison, NJ 07071

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

≈ $608,715

Likely range $437,209 – $742,097, 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 $608,715 home should be assessed near $422,387.

Step 3 · Assessed value

$399,800

Set at the last town-wide revaluation and mostly frozen since. That's $22,587 below what the ratio math suggests (5.3%).

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

$9,531/yr
Public schools$3,224
Hudson County$1,960
Town of Harrison$4,348
Harrison average$10,909

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

Town median 64.6%
This home · 65.7%

47%97%

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
321 WILLIAM ST2025-04$870,0001,90251.2%
509 N FIFTH ST2025-11$490,0002,00777.5%
309 JERSEY ST2025-02$998,00075.2%
218 CLEVELAND AVE2025-06$745,0002,03659.0%
122 CROSS ST2025-02$600,0001,84861.0%
308 N SECOND ST2025-03$615,0002,10865.6%
227 PATTERSON ST2025-12$700,0002,03474.6%
226 JERSEY ST2025-08$670,0002,14665.7%
319 WILLIAM ST2026-05$870,0001,74432.0%
319 WILLIAM ST2025-05$350,0001,74479.5%
412 WILLIAM ST2025-07$685,0002,19162.5%
102 GRANT AVE2026-05$350,0002,202121.2%

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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 →