The Fair Share Report
4 Eric 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $576,631 – $615,953, from 12 comparable Harrison sales in the past 18 months, at this home's 2,377 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 $598,027 home should be assessed near $359,653.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $150,853 below what the ratio math suggests (41.9%).
Step 4 · The tax rate — same for every Harrison home
$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%
This home's own bill implies $3.020 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Harrison sale · assessed ÷ market
28%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 |
|---|---|---|---|---|
| 62 N MAIN ST | 2025-01 | $475,000 | 1,888 | 49.6% |
| 14 STRETCH DR | 2025-02 | $597,000 | 2,226 | 57.4% |
| 642 BAINBRIDGE DR | 2026-05 | $665,985 | 2,622 | 53.7% |
| 2 STRETCH DR | 2025-07 | $540,000 | 2,226 | 59.4% |
| 223 N MAIN ST | 2026-03 | $205,000 | 2,064 | 74.2% |
| 616 BAINBRIDGE DR | 2026-06 | $680,000 | 2,773 | 56.2% |
| 325 WINDSOR RD | 2026-05 | $670,000 | 2,580 | 52.5% |
| 310 WINDSOR RD | 2025-08 | $665,000 | 2,589 | 54.1% |
| 1427 SWAN LN | 2025-09 | $596,000 | 2,300 | 53.1% |
| 37 VINEGOLD DR | 2025-06 | $720,000 | 2,232 | 13.0% |
| 126 CIDER PRESS DR | 2026-05 | $610,600 | 2,504 | 54.2% |
| 27 TURTLE CREEK DR | 2025-03 | $619,000 | 2,425 | 52.8% |
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