The Fair Share Report

13 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.

Step 1 · Market value

≈ $800,883

Likely range $719,048 – $917,073, from 12 comparable Jackson sales in the past 18 months, at this home's 2,720 sq ft.

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 $800,883 home should be assessed near $796,078.

Step 3 · Assessed value

$1,017,300

Set at the last town-wide revaluation and mostly frozen since. That's $221,222 above what the ratio math suggests (27.8%).

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

$14,731/yr
Public schools$8,307
Ocean County$3,403
Town of Jackson$3,021
Jackson average$9,047

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

Town median 97.2%
This home · 127.0%

76%147%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $3,066/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
5 OVERLOOK DRIVE2026-02$989,8002,67286.0%
7 CREST ROAD2025-10$800,0002,717110.3%
6 MOUNT OLIVE LANE2025-02$720,0002,815113.6%
2 W DICKENS COURT2025-02$940,0002,78894.0%
4 CARROLL COURT2025-08$785,0002,686101.1%
303 WELLINGTON COURT2025-07$875,0002,76289.5%
8 DANIELLE COURT2025-04$1,470,0002,68880.8%
602 SYMPHONY COURT2025-05$850,0002,56287.4%
8 BITTERSWEET DRIVE2025-05$830,0002,59699.1%
3 GLENROTHES COURT2026-02$989,8002,67789.5%
16 NORMANDY DRIVE2025-04$844,5002,880102.7%
6 SOLOMON COURT2026-01$765,0002,870105.5%

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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 →