The Fair Share Report

35 Millbrook Rd

Harding, NJ 07976

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

≈ $610,154

Likely range $536,679 – $744,200, from 12 comparable Harding sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.57%

The state's official measure of how far Harding assessments sit below market value — republished every October, applied town-wide. A $610,154 home should be assessed near $454,992.

Step 3 · Assessed value

$32,300

Set at the last town-wide revaluation and mostly frozen since. That's $422,692 below what the ratio math suggests (92.9%).

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

$1.234 per $100 assessed

$0.580 Schools · 47% $0.299 County · 24% $0.355 Town · 29%

Step 5 · The bill

$399/yr
Public schools$187
Morris County$97
Town of Harding$115
Harding average$15,976

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

Town median 64.2%
This home · 5.3%

0%94%

Keep quiet and enjoy it

This home's assessment ratio sits below the Harding 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)

AddressSoldPriceSq ftRatio
33 MILLBROOK RD2025-12$560,0001,39570.4%
12 SPRUCE LN2025-01$662,0001,54571.4%
11 SHADOWBROOK LN2025-12$830,0001,38452.3%
25 MILLBROOK RD2026-06$680,0001,39467.0%
10 HEMLOCK LN2026-06$795,0001,56855.2%
15 SYCAMORE LN2025-06$639,0001,80467.8%
31 VILLAGE RD2025-10$620,0001,22858.7%
4 HEMLOCK LN2025-06$725,0001,80461.3%
9 CYPRESS CIR2025-07$650,0001,94372.5%
24 LAKE TRAIL WEST2025-07$1,250,0002,10050.5%
5 ASH LN2025-08$800,0001,71352.8%
8 FOREST DALE DR2026-03$825,0002,13459.5%

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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 →