The Fair Share Report

7 Knights Ct

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

≈ $734,260

Likely range $714,419 – $786,424, from 12 comparable Harrison sales in the past 18 months, at this home's 3,100 sq ft.

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 $734,260 home should be assessed near $441,584.

Step 3 · Assessed value

$546,200

Set at the last town-wide revaluation and mostly frozen since. That's $104,616 above what the ratio math suggests (23.7%).

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

$18,598/yr
Public schools$10,719
Gloucester County$4,210
Town of Harrison$3,669
Harrison average$11,545

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

Town median 55.4%
This home · 74.4%

42%82%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (69.16%) — roughly $3,452/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
121 WHITE OWL TRL2026-02$750,0003,04653.2%
111 CROMWELL DR2025-06$760,0002,95251.6%
823 WITHERSPOON WAY2025-10$740,0002,91756.4%
131 PREAKNESS DR2025-11$775,0003,27261.3%
102 BROOKSIDE WAY2026-01$740,0003,21155.8%
36 EAGLE DR2025-05$700,0003,21355.1%
404 HARVEST MILL WAY2025-08$715,0002,89655.4%
402 NASTASI CT2025-09$776,0003,28068.0%
109 BROOKSIDE WAY2025-06$700,0002,96255.7%
207 DILLONS LN2026-04$852,0002,80447.4%
7 EAGLE DR2025-10$670,0003,21955.5%
705 MALUS CT2026-02$649,9003,02962.2%

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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 →