The Fair Share Report

511 Cross St

Harrison, 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

≈ $977,720

Likely range $815,466 – $1,041,969, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.39%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $977,720 home should be assessed near $678,440.

Step 3 · Assessed value

$547,200

Set at the last town-wide revaluation and mostly frozen since. That's $131,240 below what the ratio math suggests (19.3%).

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

$2.383 per $100 assessed

$0.806 Schools · 34% $0.490 County · 21% $1.087 Town · 46%

Step 5 · The bill

$13,045/yr
Public schools$4,412
Hudson County$2,682
Town of Harrison$5,951
Harrison average$10,909

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

Town median 64.6%
This home · 56.0%

47%95%

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)

AddressSoldPriceSq ftRatio
309 JERSEY ST2025-02$998,00075.2%
760 CLEVELAND AVE2025-06$860,0002,20462.2%
133 SUSSEX ST2026-05$915,0002,16060.8%
401 SIXTH ST2025-10$882,0002,05264.0%
530 HAMILTON ST2026-01$1,185,0002,82048.9%
225 CLEVELAND AVE2025-10$695,0001,98069.2%
109 CROSS ST2025-09$930,0002,50857.6%
522 CROSS ST2025-06$935,0002,32068.2%
308 HAMILTON ST2025-07$860,0001,93851.6%
710 WILLIAM ST2025-07$775,0001,90065.4%
24 KINGSLAND AVE2025-03$710,0001,88070.9%
601 SUSSEX ST2026-04$870,0002,00057.5%

Is this your house?

Run your own report →

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 →