The Fair Share Report
1 Robert Ter
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 $716,347 – $881,207, 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 $795,222 home should be assessed near $790,451.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,349 above what the ratio math suggests (5.9%).
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%122%
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 |
|---|---|---|---|---|
| 28 HICKORY HILL ROAD | 2025-03 | $730,000 | 2,193 | 86.9% |
| 50 HICKORY HILL ROAD | 2025-07 | $711,000 | 2,169 | 82.6% |
| 6 MULBERRY COURT | 2025-08 | $735,000 | 2,219 | 93.8% |
| 4 HARVEST COURT | 2026-03 | $650,000 | 2,130 | 110.3% |
| 8 HEMLOCK HILL ROAD | 2026-05 | $857,000 | 2,376 | 88.3% |
| 4 HEMLOCK HILL ROAD | 2025-10 | $890,000 | 2,376 | 84.3% |
| 19 HEMLOCK HILL ROAD | 2025-05 | $980,000 | 2,376 | 83.8% |
| 20 E SCARLET OAK COURT | 2025-09 | $845,000 | 2,200 | 96.3% |
| 53 N LAKESIDE AVENUE | 2026-03 | $570,000 | 2,097 | 102.5% |
| 5 BRIARWOOD COURT | 2025-02 | $950,000 | 2,376 | 83.6% |
| 10 SUNNY WOODS LANE | 2025-12 | $925,000 | 2,335 | 95.3% |
| 52 HICKORY HILL ROAD | 2025-12 | $950,000 | 2,376 | 83.4% |
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