The Fair Share Report

44 Red Gate Rd

Harding, NJ 07960

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

≈ $4,352,144

Likely range $3,335,229 – $5,206,814, from 12 comparable Harding sales in the past 18 months (home size estimated from assessor data — range widened).

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 $4,352,144 home should be assessed near $3,245,394.

Step 3 · Assessed value

$3,404,800

Set at the last town-wide revaluation and mostly frozen since. That's $159,406 above what the ratio math suggests (4.9%).

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

$42,015/yr
Public schools$19,748
Morris County$10,180
Town of Harding$12,087
Harding average$15,976

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

Town median 64.2%
This home · 78.2%

46%108%

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
154 PLEASANTVILLE RD2025-06$2,600,0007,54788.8%
38 SHEEPFIELD FARMS DR2026-03$2,834,00013,038118.2%
11 COLGATE TER2025-12$3,800,0009,06580.7%
106 COLONIAL DR2026-02$1,995,0005,68669.1%
71 VILLAGE RD2025-05$3,500,0008,12054.7%
25 FOX HUNT RD2025-05$2,550,0005,57778.5%
1 PLEASANT PLAINS RD2025-08$3,300,0006,69560.0%
72 VILLAGE RD2025-11$2,850,0005,23459.1%
676 SPRING VALLEY RD2025-11$2,400,0005,30671.7%
624 VAN BEUREN RD2025-06$3,500,0006,17868.7%
80 GLEN ALPIN RD2025-06$2,300,0005,41068.1%
12 WHITE DEER LN2025-02$1,650,0005,04794.3%

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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 →