The Fair Share Report

1 Trinity Pl

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.

Step 1 · Market value

≈ $651,840

Likely range $560,248 – $745,576, from 12 comparable Jackson sales in the past 18 months, at this home's 2,256 sq ft.

Step 2 · The Director's Ratio

99.40%

The state's official measure of how far Jackson assessments sit below market value — republished every October, applied town-wide. A $651,840 home should be assessed near $647,929.

Step 3 · Assessed value

$756,300

Set at the last town-wide revaluation and mostly frozen since. That's $108,371 above what the ratio math suggests (16.7%).

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

$1.386 per $100 assessed

$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%

Step 5 · The bill

$11,292/yr
Public schools$6,367
Ocean County$2,609
Town of Jackson$2,315
Jackson average$9,047

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

Town median 97.2%
This home · 116.0%

76%140%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,502/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
10 ATLANTA DRIVE2025-04$735,0002,22491.2%
1136 ALDRICH ROAD2025-11$546,9002,126101.1%
36 VERMONT AVENUE2025-01$680,0002,106102.9%
10 CAMBRIDGE DRIVE2026-06$679,0002,35088.0%
12 ARKANSAS DRIVE2025-09$645,0002,13888.8%
8 BRUCE TERRACE2025-02$542,7752,271110.9%
555 E VETERANS HIGHWAY2025-09$560,0002,255117.7%
14 CAMBRIDGE DRIVE2025-10$560,0002,06495.5%
3 S DAKOTA AVENUE2025-03$649,0002,08693.4%
1 TEXAS DRIVE2025-07$650,0001,87488.7%
11 PRINCETON DRIVE2026-03$710,0001,98891.7%
15 FOREST HILL AVENUE2025-02$565,0002,304122.8%

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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 →