The Fair Share Report
40 Sixth St
Harrison, NJ 07029
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 $845,976 – $1,020,924, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).
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 $957,972 home should be assessed near $664,737.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $122,237 below what the ratio math suggests (18.4%).
Step 4 · The tax rate — same for every Harrison home
$0.806 Schools · 34% $0.490 County · 21% $1.087 Town · 46%
Step 5 · The bill
This home vs. every recent Harrison sale · assessed ÷ market
47%95%
Paying about right
This home's ratio lands inside Harrison'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 |
|---|---|---|---|---|
| 760 CLEVELAND AVE | 2025-06 | $860,000 | 2,204 | 62.2% |
| 530 HAMILTON ST | 2026-01 | $1,185,000 | 2,820 | 48.9% |
| 133 SUSSEX ST | 2026-05 | $915,000 | 2,160 | 60.8% |
| 401 SIXTH ST | 2025-10 | $882,000 | 2,052 | 64.0% |
| 225 CLEVELAND AVE | 2025-10 | $695,000 | 1,980 | 69.2% |
| 522 CROSS ST | 2025-06 | $935,000 | 2,320 | 68.2% |
| 109 CROSS ST | 2025-09 | $930,000 | 2,508 | 57.6% |
| 308 HAMILTON ST | 2025-07 | $860,000 | 1,938 | 51.6% |
| 710 WILLIAM ST | 2025-07 | $775,000 | 1,900 | 65.4% |
| 24 KINGSLAND AVE | 2025-03 | $710,000 | 1,880 | 70.9% |
| 601 SUSSEX ST | 2026-04 | $870,000 | 2,000 | 57.5% |
| 309 JERSEY ST | 2025-02 | $998,000 | — | 75.2% |
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