The Fair Share Report

421 Clems Run

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

≈ $290,046

Likely range $271,630 – $442,128, from 12 comparable Harrison sales in the past 18 months, at this home's 1,604 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 $290,046 home should be assessed near $174,434.

Step 3 · Assessed value

$236,000

Set at the last town-wide revaluation and mostly frozen since. That's $61,566 above what the ratio math suggests (35.3%).

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

$8,036/yr
Public schools$4,632
Gloucester County$1,819
Town of Harrison$1,585
Harrison average$11,545

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

Town median 55.4%
This home · 81.4%

42%92%

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)

AddressSoldPriceSq ftRatio
114 ALLENS LN2025-02$265,0001,55651.7%
217 ALLENS LN2025-05$259,0001,69953.1%
335 ALLENS LN2025-08$315,0001,74245.0%
205 ALLENS LN2026-06$305,0001,74245.6%
130 ALLENS LN2025-06$295,0001,74246.9%
12 POPLAR CT2025-10$437,0001,60054.3%
521 CLEMS RUN2026-05$495,0001,52645.9%
123 CLEMS RUN2025-11$429,9001,35251.8%
280 HIGH ST2025-07$485,0001,85259.0%
113 ALLENS LN2025-11$256,0001,34850.7%
121 COLSON LN2025-07$344,0001,24860.2%
115 FRANKLIN DR2025-06$555,0001,98354.3%

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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 →