The Fair Share Report

7 E Ave

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.

Step 1 · Market value

≈ $377,281

Likely range $323,171 – $420,380, from 12 comparable Harrison sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.14%

The state's official measure of how far Harrison assessments sit below market value — republished every October, applied town-wide. A $377,281 home should be assessed near $226,897.

Step 3 · Assessed value

$164,500

Set at the last town-wide revaluation and mostly frozen since. That's $62,397 below what the ratio math suggests (27.5%).

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

$3.300 per $100 assessed

$1.902 Schools · 58% $0.747 County · 23% $0.651 Town · 20%

Step 5 · The bill

$5,601/yr
Public schools$3,228
Gloucester County$1,268
Town of Harrison$1,105
Harrison average$11,545

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

Town median 55.4%
This home · 43.6%

34%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)

AddressSoldPriceSq ftRatio
623 MONARDA TRL2026-03$370,0001,37257.7%
403 WOODRUFF TRL2026-03$355,0001,37263.0%
779 CHICKORY TRL2025-01$410,0001,37251.3%
422 WOODRUFF TRL2025-10$410,0001,39856.1%
436 WOODRUFF TRL2026-03$428,9001,38357.0%
312 CHICKORY TRL2025-05$450,0001,33048.4%
761 CHICKORY TRL2025-03$414,3001,39855.7%
203 FOXGLOVE TRL2025-12$380,0001,33059.9%
730 CHICKORY TRL2025-12$375,0001,37252.9%
314 STONEHOUSE LN2025-07$325,0001,37652.6%
30 FOSTERTOWN LN2025-07$315,0001,37150.2%
37 N MAIN ST2026-05$335,0001,55647.5%

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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 →