The Fair Share Report
3 Stretch Dr
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 $301,848 – $469,790, from 12 comparable Harrison sales in the past 18 months, at this home's 1,724 sq ft.
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 $445,862 home should be assessed near $268,141.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,741 below what the ratio math suggests (11.5%).
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%84%
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 |
|---|---|---|---|---|
| 205 ALLENS LN | 2026-06 | $305,000 | 1,742 | 45.6% |
| 130 ALLENS LN | 2025-06 | $295,000 | 1,742 | 46.9% |
| 23 WOODSTOWN RD | 2025-06 | $320,000 | 1,696 | 63.0% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
| 406 LABRADOR TRL | 2025-03 | $532,000 | 1,716 | 58.0% |
| 466 WOODRUFF TRL | 2025-05 | $459,000 | 1,733 | 57.2% |
| 9 POPLAR CT | 2025-06 | $530,000 | 1,792 | 49.5% |
| 23 COLSON LN | 2025-06 | $475,000 | 1,561 | 53.4% |
| 14 STRETCH DR | 2025-02 | $597,000 | 2,226 | 57.4% |
| 713 CHICKORY TRL | 2026-04 | $444,000 | 1,702 | 49.8% |
| 506 MACINTOSH DR | 2025-07 | $553,000 | 1,944 | 55.5% |
| 113 ALLENS LN | 2025-11 | $256,000 | 1,348 | 50.7% |
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