The Fair Share Report
434 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $642,741 – $761,132, from 12 comparable Harrison sales in the past 18 months, at this home's 3,170 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 $710,517 home should be assessed near $427,305.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $185,905 below what the ratio math suggests (43.5%).
Step 4 · The tax rate — same for every Harrison home
$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%
Step 5 · The bill
This home vs. every recent Harrison sale · assessed ÷ market
26%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 |
|---|---|---|---|---|
| 1313 ELLIS MILL RD | 2025-07 | $750,000 | 3,699 | 54.2% |
| 7 EAGLE DR | 2025-10 | $670,000 | 3,219 | 55.5% |
| 317 CLEMS RUN | 2025-10 | $612,500 | 2,368 | 58.2% |
| 705 MALUS CT | 2026-02 | $649,900 | 3,029 | 62.2% |
| 102 BROOKSIDE WAY | 2026-01 | $740,000 | 3,211 | 55.8% |
| 36 EAGLE DR | 2025-05 | $700,000 | 3,213 | 55.1% |
| 244 WALTERS RD | 2025-05 | $475,000 | 2,588 | 54.8% |
| 448 MULLICA HILL RD | 2025-05 | $587,000 | 3,628 | 71.6% |
| 741 BARNSBORO RD | 2026-04 | $850,000 | 2,533 | 44.4% |
| 31 FAWN HOLLOW LN | 2025-03 | $950,000 | 3,375 | 49.8% |
| 402 NASTASI CT | 2025-09 | $776,000 | 3,280 | 68.0% |
| 109 BROOKSIDE WAY | 2025-06 | $700,000 | 2,962 | 55.7% |
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