The Fair Share Report
719 Malus 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $599,710 – $744,038, 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 $673,198 home should be assessed near $404,861.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,761 below what the ratio math suggests (4.4%).
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
42%75%
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 |
|---|---|---|---|---|
| 110 BRIARWOOD RD | 2025-04 | $560,000 | 2,666 | 54.4% |
| 607 APPLE DR | 2026-04 | $650,000 | 2,802 | 46.1% |
| 9 WOODDUCK DR | 2025-03 | $652,500 | 3,246 | 54.0% |
| 705 MALUS CT | 2026-02 | $649,900 | 3,029 | 62.2% |
| 22 TURTLE CREEK DR | 2025-11 | $575,000 | 3,158 | 68.2% |
| 22 ORCHARD DR | 2026-01 | $656,500 | 2,968 | 47.8% |
| 1401 SWAN LN | 2025-09 | $687,000 | 2,544 | 49.0% |
| 33 HIGH MEADOWS DR | 2025-09 | $530,000 | 3,063 | 61.3% |
| 109 BROOKSIDE WAY | 2025-06 | $700,000 | 2,962 | 55.7% |
| 404 HARVEST MILL WAY | 2025-08 | $715,000 | 2,896 | 55.4% |
| 823 WITHERSPOON WAY | 2025-10 | $740,000 | 2,917 | 56.4% |
| 111 CROMWELL DR | 2025-06 | $760,000 | 2,952 | 51.6% |
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