The Fair Share Report

413 Bishop 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.

Step 1 · Market value

≈ $349,719

Likely range $327,514 – $527,015, from 12 comparable Harrison sales in the past 18 months, at this home's 1,934 sq ft.

Step 2 · The Director's Ratio

60.14%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $349,719 home should be assessed near $210,321.

Step 3 · Assessed value

$327,200

Set at the last town-wide revaluation and mostly frozen since. That's $116,879 above what the ratio math suggests (55.6%).

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

$3.300 per $100 assessed

$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%

Step 5 · The bill

$11,141/yr
Public schools$6,421
Gloucester County$2,522
Town of Harrison$2,198
Harrison average$11,545

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

Town median 55.4%
This home · 93.6%

42%105%

A touch high — worth watching

This home's ratio sits above most of Harrison, but doesn't clear NJ's legal appeal line (69.16%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
219 ALLENS LN2026-05$315,0002,06851.6%
219 ALLENS LN2025-03$300,0002,06854.1%
280 HIGH ST2025-07$485,0001,85259.0%
205 ALLENS LN2026-06$305,0001,74245.6%
130 ALLENS LN2025-06$295,0001,74246.9%
335 ALLENS LN2025-08$315,0001,74245.0%
217 ALLENS LN2025-05$259,0001,69953.1%
401 JOSEPHINE LN2026-06$580,0001,96850.3%
115 FRANKLIN DR2025-06$555,0001,98354.3%
733 BARNSBORO RD2025-09$580,0002,22761.7%
114 ALLENS LN2025-02$265,0001,55651.7%
506 MACINTOSH DR2025-07$553,0001,94455.5%

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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 →