The Fair Share Report
438 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 $636,241 – $726,762, 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 $690,785 home should be assessed near $415,438.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,462 above what the ratio math suggests (1.1%).
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
42%75%
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 |
|---|---|---|---|---|
| 259 CLEMS RUN | 2025-06 | $615,000 | 2,398 | 51.1% |
| 388 WOLFERT STATION RD | 2025-01 | $635,000 | 2,985 | 60.1% |
| 14 LANGE CT | 2025-09 | $728,562 | 2,748 | 57.5% |
| 503 RAMBLESIDE CT | 2025-02 | $625,000 | 2,684 | 63.3% |
| 16 WASHINGTON AVE | 2025-10 | $670,000 | 2,842 | 55.2% |
| 29 PEACH RIDGE DR | 2025-03 | $610,000 | 2,581 | 57.5% |
| 210 DILLONS LN | 2025-09 | $800,000 | 2,659 | 54.9% |
| 404 HARVEST MILL WAY | 2025-08 | $715,000 | 2,896 | 55.4% |
| 207 DILLONS LN | 2026-04 | $852,000 | 2,804 | 47.4% |
| 616 BAINBRIDGE DR | 2026-06 | $680,000 | 2,773 | 56.2% |
| 642 BAINBRIDGE DR | 2026-05 | $665,985 | 2,622 | 53.7% |
| 823 WITHERSPOON WAY | 2025-10 | $740,000 | 2,917 | 56.4% |
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