The Fair Share Report
607 Malone Pl
Harrison, NJ 07029
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 $365,246 – $754,969, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $667,190 home should be assessed near $462,963.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,237 above what the ratio math suggests (4.6%).
Step 4 · The tax rate — same for every Harrison home
$0.806 Schools · 34% $0.490 County · 21% $1.087 Town · 46%
Step 5 · The bill
This home vs. every recent Harrison sale · assessed ÷ market
47%138%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 S THIRD ST | 2025-04 | $450,000 | 2,224 | 60.0% |
| 227 PATTERSON ST | 2025-12 | $700,000 | 2,034 | 74.6% |
| 226 JERSEY ST | 2025-08 | $670,000 | 2,146 | 65.7% |
| 308 N SECOND ST | 2025-03 | $615,000 | 2,108 | 65.6% |
| 412 WILLIAM ST | 2025-07 | $685,000 | 2,191 | 62.5% |
| 102 GRANT AVE | 2026-05 | $350,000 | 2,202 | 121.2% |
| 218 CLEVELAND AVE | 2025-06 | $745,000 | 2,036 | 59.0% |
| 509 N FIFTH ST | 2025-11 | $490,000 | 2,007 | 77.5% |
| 228 HAMILTON ST | 2025-12 | $850,000 | 2,320 | 57.7% |
| 311 RODGERS BLVD S | 2025-06 | $400,000 | 2,326 | 90.0% |
| 321 WILLIAM ST | 2025-04 | $870,000 | 1,902 | 51.2% |
| 122 CROSS ST | 2025-02 | $600,000 | 1,848 | 61.0% |
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