The Fair Share Report
3003 Harbour Dr
Palmyra, NJ 08065
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 $200,000 – $225,000, from 12 comparable Palmyra sales in the past 18 months, at this home's 1,056 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Palmyra assessments sit below market value — republished every October, applied town-wide. A $215,000 home should be assessed near $117,347.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,147 below what the ratio math suggests (13.8%).
Step 4 · The tax rate — same for every Palmyra home
$2.549 Schools · 56% $0.578 County · 13% $1.461 Town · 32%
Step 5 · The bill
This home vs. every recent Palmyra sale · assessed ÷ market
37%72%
Paying about right
This home's ratio lands inside Palmyra'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 |
|---|---|---|---|---|
| 1038 HARBOUR DRIVE | 2026-05 | $141,000 | 1,056 | 71.3% |
| 1100 HARBOUR DRIVE | 2026-05 | $175,000 | 1,056 | 57.5% |
| 3016 HARBOUR DRIVE | 2026-05 | $224,900 | 1,056 | 44.7% |
| 2061 HARBOUR DRIVE | 2026-05 | $230,000 | 1,056 | 44.6% |
| 1084 HARBOUR DRIVE | 2026-04 | $230,000 | 1,056 | 43.7% |
| 1032 HARBOUR DRIVE | 2026-04 | $165,000 | 1,056 | 61.0% |
| 2063 HARBOUR DRIVE | 2026-01 | $215,000 | 1,056 | 46.8% |
| 3029 HARBOUR DRIVE | 2026-01 | $225,000 | 1,056 | 44.7% |
| 2034 HARBOUR DRIVE | 2025-12 | $215,000 | 1,056 | 46.8% |
| 2024 HARBOUR DRIVE | 2025-10 | $225,000 | 1,056 | 44.0% |
| 2003 HARBOUR DRIVE | 2025-09 | $250,000 | 1,056 | 40.2% |
| 1035 HARBOUR DRIVE | 2025-07 | $219,999 | 1,056 | 45.7% |
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