The Fair Share Report

357 Brainards Rd

Harmony, NJ 08865

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

≈ $442,262

Likely range $252,925 – $513,188, from 7 comparable Harmony sales in the past 18 months (home size estimated from assessor data — range widened).

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 $442,262 home should be assessed near $258,148.

Step 3 · Assessed value

$233,000

Set at the last town-wide revaluation and mostly frozen since. That's $25,148 below what the ratio math suggests (9.7%).

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

$6,209/yr
Public schools$3,267
Warren County$2,186
Town of Harmony$757
Harmony average$5,657

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

Town median 49.1%
This home · 52.7%

36%98%

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
246 MILLBROOK RD.2025-12$531,0001,71043.3%
23 MARNEL ROAD2025-01$455,0001,78651.3%
137 HARM BRASS CASTLE RD.2025-03$375,0002,28078.8%
264 RIDGE RD.2026-03$467,5001,62048.0%
3110 BELVIDERE RD2025-01$215,0001,62665.6%
9 RIVEREDGE LANE2026-05$560,0002,04646.7%
2085 BELVIDERE RD2025-09$402,0002,04749.3%

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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 →