The Fair Share Report
520 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 $399,824 – $448,308, 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 $431,478 home should be assessed near $259,491.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,691 below what the ratio math suggests (25.3%).
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
38%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 |
|---|---|---|---|---|
| 606 MONARDA TRL | 2025-06 | $415,900 | 1,586 | 57.7% |
| 762 CHICKORY TRL | 2025-05 | $420,000 | 1,624 | 62.1% |
| 713 CHICKORY TRL | 2026-04 | $444,000 | 1,702 | 49.8% |
| 322 CHICKORY TRL | 2025-12 | $375,000 | 1,535 | 67.1% |
| 701 CHICKORY TRL | 2026-05 | $380,000 | 1,535 | 55.5% |
| 623 MONARDA TRL | 2026-03 | $370,000 | 1,372 | 57.7% |
| 466 WOODRUFF TRL | 2025-05 | $459,000 | 1,733 | 57.2% |
| 403 WOODRUFF TRL | 2026-03 | $355,000 | 1,372 | 63.0% |
| 205 ALLENS LN | 2026-06 | $305,000 | 1,742 | 45.6% |
| 130 ALLENS LN | 2025-06 | $295,000 | 1,742 | 46.9% |
| 779 CHICKORY TRL | 2025-01 | $410,000 | 1,372 | 51.3% |
| 422 WOODRUFF TRL | 2025-10 | $410,000 | 1,398 | 56.1% |
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