The Fair Share Report

246 Millbrook Rd

Harmony, NJ 07882

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

≈ $463,285

Likely range $291,610 – $493,472, from 11 comparable Harmony sales in the past 18 months, at this home's 1,710 sq ft.

Step 2 · The Director's Ratio

58.37%

The state's official measure of how far Harmony assessments sit below market value — republished every October, applied town-wide. A $463,285 home should be assessed near $270,419.

Step 3 · Assessed value

$229,700

Set at the last town-wide revaluation and mostly frozen since. That's $40,719 below what the ratio math suggests (15.1%).

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

$2.665 per $100 assessed

$1.402 Schools · 53% $0.938 County · 35% $0.325 Town · 12%

Step 5 · The bill

$6,122/yr
Public schools$3,220
Warren County$2,155
Town of Harmony$747
Harmony average$5,657

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

Town median 49.1%
This home · 49.6%

36%84%

Paying about right

This home's ratio lands inside Harmony'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
3110 BELVIDERE RD2025-01$215,0001,62665.6%
264 RIDGE RD.2026-03$467,5001,62048.0%
23 MARNEL ROAD2025-01$455,0001,78651.3%
137 HARM BRASS CASTLE RD.2025-03$375,0002,28078.8%
991 MARBLE HILL RD.2025-07$362,5001,33843.9%
2085 BELVIDERE RD2025-09$402,0002,04749.3%
5 DECKER ROAD2026-06$408,3001,24841.9%
390 MONTANA ROAD2025-11$400,0001,26047.2%
79 FOX FARM ROAD2025-05$500,0002,93252.0%
9 RIVEREDGE LANE2026-05$560,0002,04646.7%
100 RIDGE ROAD2026-05$389,3001,28543.2%

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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 →