The Fair Share Report

9 Welsh Ln

Harding, NJ 07976

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Harding's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $3,133,190

Likely range $2,550,414 – $3,582,928, from 12 comparable Harding sales in the past 18 months, at this home's 7,269 sq ft.

Step 2 · The Director's Ratio

74.57%

The state's official measure of how far Harding assessments sit below market value — republished every October, applied town-wide. A $3,133,190 home should be assessed near $2,336,420.

Step 3 · Assessed value

$2,456,600

Set at the last town-wide revaluation and mostly frozen since. That's $120,180 above what the ratio math suggests (5.1%).

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

$1.234 per $100 assessed

$0.580 Schools · 47% $0.299 County · 24% $0.355 Town · 29%

Step 5 · The bill

$30,314/yr
Public schools$14,248
Morris County$7,345
Town of Harding$8,721
Harding average$15,976

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

Town median 64.2%
This home · 78.4%

46%102%

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

AddressSoldPriceSq ftRatio
1 PLEASANT PLAINS RD2025-08$3,300,0006,69560.0%
154 PLEASANTVILLE RD2025-06$2,600,0007,54788.8%
71 VILLAGE RD2025-05$3,500,0008,12054.7%
58 BROOK DR SOUTH2026-06$1,407,0005,13569.0%
11 COLGATE TER2025-12$3,800,0009,06580.7%
72 VILLAGE RD2025-11$2,850,0005,23459.1%
676 SPRING VALLEY RD2025-11$2,400,0005,30671.7%
80 GLEN ALPIN RD2025-06$2,300,0005,41068.1%
7 CEDAR HILL DR2025-10$3,550,0004,71028.6%
106 COLONIAL DR2026-02$1,995,0005,68669.1%
12 FAIRCHILD LN2025-07$1,850,0004,38461.0%
624 VAN BEUREN RD2025-06$3,500,0006,17868.7%

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