The Fair Share Report
112 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $747,535 – $1,011,875, 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 $873,140 home should be assessed near $867,901.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $155,401 below what the ratio math suggests (17.9%).
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
65%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 |
|---|---|---|---|---|
| 16 BRIDGE COURT | 2025-09 | $1,053,500 | 2,518 | 77.8% |
| 52 CHELSEA ROAD | 2026-01 | $999,000 | 2,518 | 83.0% |
| 253 DELAWARE TRAIL | 2025-07 | $800,000 | 2,397 | 97.4% |
| 24 TEAKWOOD DRIVE | 2025-03 | $900,000 | 2,580 | 92.1% |
| 17 ELANA DRIVE | 2026-02 | $702,500 | 2,528 | 97.5% |
| 7 YELLOWWOOD COURT | 2025-02 | $950,000 | 2,376 | 91.5% |
| 3 BAILEY COURT | 2026-01 | $835,000 | 2,597 | 99.0% |
| 1 WENDY COURT | 2026-04 | $937,000 | 2,505 | 80.1% |
| 3 SOUTHFORK DRIVE | 2025-06 | $749,000 | 2,452 | 89.1% |
| 41 HAMPSHIRE BOULEVARD | 2025-07 | $979,000 | 2,474 | 107.7% |
| 14 BITTERSWEET DRIVE | 2026-06 | $800,000 | 2,572 | 97.7% |
| 508 BENNETTS MILLS ROAD | 2025-04 | $600,000 | 2,607 | 113.7% |
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