The Fair Share Report
11 Sheldon 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 $855,012 – $1,007,117, 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 $924,570 home should be assessed near $919,023.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,977 above what the ratio math suggests (3.8%).
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
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 |
|---|---|---|---|---|
| 781 HARMONY ROAD | 2026-06 | $885,000 | 3,279 | 96.6% |
| 781 HARMONY ROAD | 2025-10 | $825,000 | 3,279 | 103.6% |
| 781 HARMONY ROAD | 2025-04 | $720,000 | 3,279 | 118.7% |
| 302 E BIRD VILLAGE ROAD | 2026-05 | $830,000 | 3,132 | 99.9% |
| 20 JEFFERSON COURT | 2025-08 | $995,000 | 3,259 | 109.2% |
| 857 WOODBURY DRIVE | 2025-08 | $770,000 | 3,112 | 139.7% |
| 37 SERENDIPITY DRIVE | 2025-08 | $899,999 | 3,296 | 105.8% |
| 10 SHELDON DRIVE | 2026-03 | $975,000 | 3,166 | 111.3% |
| 12 ARROWSHEAD CIRCLE | 2025-07 | $925,000 | 3,108 | 105.1% |
| 33 BRIDGEWATER COURT | 2025-06 | $1,275,000 | 3,234 | 82.7% |
| 18 BRITTANY LANE | 2025-04 | $999,000 | 3,366 | 102.2% |
| 65 MILL POND ROAD | 2025-10 | $900,000 | 3,151 | 121.7% |
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