The Fair Share Report
1 Iris Dr
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 $635,654 – $772,303, 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 $670,790 home should be assessed near $666,765.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,965 below what the ratio math suggests (6.1%).
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
76%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 |
|---|---|---|---|---|
| 1 TEXAS DRIVE | 2025-07 | $650,000 | 1,874 | 88.7% |
| 5 FLORIDA PLACE | 2026-03 | $775,000 | 1,844 | 84.1% |
| 14 ALBANY AVENUE | 2025-09 | $610,000 | 1,916 | 101.5% |
| 4 MARYLAND DRIVE | 2026-02 | $759,500 | 1,920 | 83.8% |
| 5 HARTFORD ROAD | 2025-03 | $686,000 | 1,875 | 87.8% |
| 129 ANDOVER ROAD | 2026-05 | $684,000 | 1,840 | 88.3% |
| 5 COLORADO DRIVE | 2025-07 | $573,980 | 1,890 | 99.5% |
| 43 CAMBRIDGE DRIVE | 2025-11 | $622,500 | 1,825 | 86.4% |
| 41 CAMBRIDGE DRIVE | 2025-11 | $720,000 | 1,794 | 80.6% |
| 13 RHODE ISLAND DRIVE | 2025-10 | $830,000 | 1,988 | 92.0% |
| 41 W CONNECTICUT CONCOURS | 2026-06 | $635,000 | 1,874 | 96.4% |
| 16 VERMONT AVENUE | 2025-09 | $775,000 | 1,700 | 83.1% |
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