The Fair Share Report
103 Leanne Dr
Jackson, NJ 08533
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.
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Step 1 · Market value
Likely range $818,731 – $941,277, 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 $895,936 home should be assessed near $890,560.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $226,060 below what the ratio math suggests (25.4%).
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
65%118%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jackson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 55 HICKORY HILL ROAD | 2025-08 | $850,000 | 2,376 | 98.8% |
| 34 TEAKWOOD DRIVE | 2025-09 | $915,000 | 2,378 | 90.6% |
| 10 SUNNY WOODS LANE | 2025-12 | $925,000 | 2,335 | 95.3% |
| 52 HICKORY HILL ROAD | 2025-12 | $950,000 | 2,376 | 83.4% |
| 5 BRIARWOOD COURT | 2025-02 | $950,000 | 2,376 | 83.6% |
| 943 HYSON ROAD | 2025-06 | $857,000 | 2,436 | 100.0% |
| 38 TEAKWOOD DRIVE | 2025-04 | $910,000 | 2,394 | 87.3% |
| 7 YELLOWWOOD COURT | 2025-02 | $950,000 | 2,376 | 91.5% |
| 96 HICKORY HILL ROAD | 2026-04 | $925,000 | 2,376 | 95.6% |
| 37 HICKORY HILL ROAD | 2026-02 | $809,000 | 2,376 | 87.7% |
| 6 WENDY COURT | 2025-06 | $925,000 | 2,505 | 93.8% |
| 24 SUNNY WOODS LANE | 2026-03 | $889,000 | 2,452 | 103.8% |
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