The Fair Share Report
1 Bailey Ct
Jackson, NJ 08527
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 $752,171 – $1,034,000, from 12 comparable Jackson 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 Jackson assessments sit below market value — republished every October, applied town-wide. A $934,426 home should be assessed near $928,819.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $137,219 below what the ratio math suggests (14.8%).
Step 4 · The tax rate — same for every Jackson home
$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%
Step 5 · The bill
This home vs. every recent Jackson sale · assessed ÷ market
71%118%
Paying about right
This home's ratio lands inside Jackson'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 |
|---|---|---|---|---|
| 12 ARBORETUM DRIVE | 2026-05 | $1,485,000 | 2,818 | 67.7% |
| 9 CARLSON COURT | 2026-03 | $1,050,000 | 2,971 | 87.0% |
| 15 E SCARLET OAK COURT | 2026-03 | $999,999 | 2,753 | 94.6% |
| 33 BROOKFIELD DRIVE | 2025-05 | $520,000 | 2,822 | 104.9% |
| 554 S COOKS BRIDGE ROAD | 2025-03 | $735,000 | 2,688 | 95.2% |
| 5 PALAMINO DRIVE | 2025-03 | $999,000 | 2,701 | 103.4% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 3 BAILEY COURT | 2026-01 | $835,000 | 2,597 | 99.0% |
| 30 WENDY COURT | 2026-06 | $950,000 | 2,806 | 101.7% |
| 24 TEAKWOOD DRIVE | 2025-03 | $900,000 | 2,580 | 92.1% |
| 3 GLENROTHES COURT | 2026-02 | $989,800 | 2,677 | 89.5% |
| 12 SPRINGBROOK DRIVE | 2025-10 | $999,000 | 2,461 | 93.2% |
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