The Fair Share Report

802 Lambs Rd

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

≈ $587,539

Likely range $540,104 – $609,475, from 12 comparable Harrison sales in the past 18 months, at this home's 2,352 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 $587,539 home should be assessed near $353,346.

Step 3 · Assessed value

$252,400

Set at the last town-wide revaluation and mostly frozen since. That's $100,946 below what the ratio math suggests (28.6%).

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

$8,594/yr
Public schools$4,953
Gloucester County$1,945
Town of Harrison$1,695
Harrison average$11,545

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

Town median 55.4%
This home · 43.0%

36%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
201 HARRISON RIDGE DR2025-02$610,0002,41060.7%
27 TURTLE CREEK DR2025-03$619,0002,42552.8%
1401 SWAN LN2025-09$687,0002,54449.0%
16 RED OAK DR2025-02$520,0002,15463.4%
15 WOODLAND AVE2026-01$530,0002,30856.0%
15 BANFF DR2025-06$615,0002,11851.2%
1 PEACHTREE LN2025-10$565,0002,49855.4%
1427 SWAN LN2025-09$596,0002,30053.1%
136 CIDER PRESS DR2025-01$525,0002,20453.1%
223 N MAIN ST2026-03$205,0002,06474.2%
102 MALLARD CT2025-02$610,0002,16355.1%
126 CIDER PRESS DR2026-05$610,6002,50454.2%

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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 →