The Fair Share Report
114 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 $596,591 – $692,299, from 12 comparable Jackson sales in the past 18 months, at this home's 1,984 sq ft.
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 $658,084 home should be assessed near $654,135.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,065 above what the ratio math suggests (1.1%).
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 |
|---|---|---|---|---|
| 12 SOUTHFORK DRIVE | 2026-05 | $675,000 | 2,035 | 94.0% |
| 627 ELTONE ROAD | 2025-06 | $582,000 | 1,930 | 102.2% |
| 18 E PLEASANT GROVE ROAD | 2025-04 | $600,000 | 1,908 | 94.6% |
| 3 CORINNE COURT | 2025-11 | $557,500 | 1,854 | 106.7% |
| 10 BOWMAN ROAD | 2025-09 | $660,000 | 1,964 | 95.3% |
| 370 NEW CENTRAL AVENUE | 2026-03 | $1,000,000 | 2,080 | 78.5% |
| 390 FRANK APPLEGATE ROAD | 2026-05 | $560,000 | 1,936 | 105.3% |
| 7 CORINNE COURT | 2026-04 | $626,000 | 1,794 | 83.1% |
| 716 HYSON ROAD | 2025-10 | $605,000 | 1,974 | 111.9% |
| 1064 BENNETTS MILLS ROAD | 2025-06 | $665,000 | 1,988 | 103.3% |
| 47 E PLEASANT GROVE ROAD | 2025-09 | $550,000 | 2,138 | 105.2% |
| 9 STACY COURT | 2026-06 | $881,220 | 1,980 | 77.0% |
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