The Fair Share Report

54 Millbrook Rd

Harding, NJ 07976

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

≈ $1,687,036

Likely range $1,417,894 – $1,911,272, from 12 comparable Harding sales in the past 18 months, at this home's 3,021 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 $1,687,036 home should be assessed near $1,258,023.

Step 3 · Assessed value

$1,102,700

Set at the last town-wide revaluation and mostly frozen since. That's $155,323 below what the ratio math suggests (12.3%).

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

$13,607/yr
Public schools$6,396
Morris County$3,297
Town of Harding$3,915
Harding average$15,976

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

Town median 64.2%
This home · 65.4%

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
34 MILLBROOK RD2025-10$1,100,0003,04388.5%
6 FAWN HILL DR2025-10$2,100,0003,24058.5%
10 DOUGLAS RD2025-06$1,750,0002,87563.9%
5 ST CLAIR RD2026-05$1,530,0002,78649.8%
5 ST CLAIR RD2025-08$1,250,0002,78661.0%
9 FAWN HILL DR2025-05$1,800,0002,81966.0%
7 ST CLAIR RD2026-06$1,710,0003,41353.6%
41 VILLAGE RD2025-11$2,000,0002,95648.3%
25 WHITE DEER LN2025-05$2,250,0003,64151.7%
7 POST HOUSE RD2026-06$1,618,0003,71862.3%
1 WHITE DEER LN2025-03$1,780,0003,59471.0%
26 GLENEAGLES DR2026-03$1,600,0003,40968.6%

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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 →