The Fair Share Report
302 Ewan Rd
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.
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Step 1 · Market value
Likely range $375,000 – $434,033, from 12 comparable Harrison sales in the past 18 months, at this home's 1,400 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 $398,251 home should be assessed near $239,508.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,408 below what the ratio math suggests (26.1%).
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
35%75%
Keep quiet and enjoy it
This home's assessment ratio sits below the Harrison pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 316 EWAN RD | 2025-02 | $360,000 | 1,344 | 61.2% |
| 113 ALLENS LN | 2025-11 | $256,000 | 1,348 | 50.7% |
| 23 COLSON LN | 2025-06 | $475,000 | 1,561 | 53.4% |
| 112 RIDGEWAY LN | 2025-04 | $400,000 | 1,248 | 47.1% |
| 114 ALLENS LN | 2025-02 | $265,000 | 1,556 | 51.7% |
| 123 CLEMS RUN | 2025-11 | $429,900 | 1,352 | 51.8% |
| 406 LABRADOR TRL | 2025-03 | $532,000 | 1,716 | 58.0% |
| 12 POPLAR CT | 2025-10 | $437,000 | 1,600 | 54.3% |
| 9 POPLAR CT | 2025-06 | $530,000 | 1,792 | 49.5% |
| 761 CHICKORY TRL | 2025-03 | $414,300 | 1,398 | 55.7% |
| 121 COLSON LN | 2025-07 | $344,000 | 1,248 | 60.2% |
| 730 CHICKORY TRL | 2025-12 | $375,000 | 1,372 | 52.9% |
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