The Fair Share Report

13 Iris 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.

Step 1 · Market value

≈ $628,334

Likely range $547,195 – $689,933, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $628,334 home should be assessed near $624,564.

Step 3 · Assessed value

$534,600

Set at the last town-wide revaluation and mostly frozen since. That's $89,964 below what the ratio math suggests (14.4%).

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

$7,916/yr
Public schools$4,464
Ocean County$1,829
Town of Jackson$1,623
Jackson average$9,047

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

Town median 97.2%
This home · 85.1%

72%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)

AddressSoldPriceSq ftRatio
15 W VIRGINIA AVENUE2026-01$620,0001,50888.4%
90 CITADEL DRIVE2025-11$590,0001,550100.2%
5 ILLINOIS AVENUE2025-12$510,0001,534107.9%
32 BROOKWOOD PARKWAY2026-01$560,0001,560104.4%
9 RHODE ISLAND DRIVE2025-05$615,0001,52289.5%
7 PENNSYLVANIA AVENUE2026-05$712,0001,61593.5%
13 W CONNECTICUT CONCOURS2025-03$575,0001,60496.9%
8 PINE HILL ROAD2025-07$530,0001,60696.4%
44 W CONNECTICUT CONCOURS2025-09$650,0001,536102.5%
67 RHODE ISLAND DRIVE2025-04$550,0001,522102.4%
23 MONTANA DRIVE2025-11$669,0001,50882.7%
21 CALIFORNIA DRIVE2025-09$675,0001,54086.6%

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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 →