The Fair Share Report
18 Rye Ct
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 $578,343 – $1,116,684, from 12 comparable Jackson sales in the past 18 months, at this home's 2,599 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 $686,911 home should be assessed near $682,790.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,890 below what the ratio math suggests (11.8%).
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
48%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 |
|---|---|---|---|---|
| 68 SPYGLASS DRIVE | 2025-12 | $590,000 | 2,662 | 105.3% |
| 8 VICTORIA CIRCLE | 2025-09 | $1,250,000 | 2,550 | 78.3% |
| 15 WOOTEN COURT | 2025-07 | $612,500 | 2,520 | 99.8% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 104 GABLES WAY | 2025-07 | $677,500 | 2,572 | 96.8% |
| 436 MATTHEWS LANE | 2025-06 | $850,000 | 2,521 | 103.5% |
| 38 VICTORIA CIRCLE | 2025-12 | $1,205,000 | 2,451 | 82.8% |
| 17 PORTCHESTER DRIVE | 2025-11 | $700,000 | 2,637 | 93.1% |
| 17 BLACKMOOR DRIVE | 2025-12 | $615,000 | 2,537 | 89.1% |
| 45 SPENCER DRIVE | 2025-08 | $535,000 | 2,410 | 124.8% |
| 16 SCARBOROUGH DRIVE | 2025-05 | $1,185,000 | 2,758 | 95.0% |
| 4 KENT COURT | 2025-02 | $1,265,000 | 2,664 | 86.6% |
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