The Fair Share Report
508 Howey Dr
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 $521,743 – $577,639, 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 $561,983 home should be assessed near $337,977.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,377 below what the ratio math suggests (22.3%).
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
40%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 |
|---|---|---|---|---|
| 2 STRETCH DR | 2025-07 | $540,000 | 2,226 | 59.4% |
| 310 WINDSOR RD | 2025-08 | $665,000 | 2,589 | 54.1% |
| 713 CHICKORY TRL | 2026-04 | $444,000 | 1,702 | 49.8% |
| 466 WOODRUFF TRL | 2025-05 | $459,000 | 1,733 | 57.2% |
| 325 WINDSOR RD | 2026-05 | $670,000 | 2,580 | 52.5% |
| 37 VINEGOLD DR | 2025-06 | $720,000 | 2,232 | 13.0% |
| 14 STRETCH DR | 2025-02 | $597,000 | 2,226 | 57.4% |
| 762 CHICKORY TRL | 2025-05 | $420,000 | 1,624 | 62.1% |
| 642 BAINBRIDGE DR | 2026-05 | $665,985 | 2,622 | 53.7% |
| 616 BAINBRIDGE DR | 2026-06 | $680,000 | 2,773 | 56.2% |
| 17 PARK DR | 2026-03 | $442,500 | 1,946 | 41.2% |
| 17 PARK DR | 2025-07 | $255,000 | 1,946 | 71.6% |
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