The Fair Share Report

44 Millbrook Rd

Harding, NJ 07924

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

≈ $1,492,929

Likely range $1,224,473 – $1,766,435, from 12 comparable Harding sales in the past 18 months, at this home's 2,902 sq ft.

Step 2 · The Director's Ratio

74.57%

The state's official measure of how far Harding assessments sit below market value — republished every October, applied town-wide. A $1,492,929 home should be assessed near $1,113,277.

Step 3 · Assessed value

$1,010,700

Set at the last town-wide revaluation and mostly frozen since. That's $102,577 below what the ratio math suggests (9.2%).

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

$1.234 per $100 assessed

$0.580 Schools · 47% $0.299 County · 24% $0.355 Town · 29%

Step 5 · The bill

$12,472/yr
Public schools$5,862
Morris County$3,022
Town of Harding$3,588
Harding average$15,976

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

Town median 64.2%
This home · 67.7%

46%94%

Paying about right

This home's ratio lands inside Harding'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
44 PRIMROSE TRL2025-06$1,200,0002,84460.2%
159 SAND SPRING RD2026-05$1,750,0003,93461.9%
474 MT KEMBLE AVE2025-06$820,0002,70467.5%
175 SAND SPRING RD2025-05$1,175,0002,28457.5%
26 BLACKWELL AVE2025-05$1,400,0002,20855.4%
24 LAKE TRAIL WEST2025-07$1,250,0002,10050.5%
10 DOUGLAS RD2025-06$1,750,0002,87563.9%
41 VILLAGE RD2025-11$2,000,0002,95648.3%
9 FAWN HILL DR2025-05$1,800,0002,81966.0%
5 ST CLAIR RD2026-05$1,530,0002,78649.8%
5 ST CLAIR RD2025-08$1,250,0002,78661.0%
34 MILLBROOK RD2025-10$1,100,0003,04388.5%

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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 →