The Fair Share Report
1802 Lilly Ln
Jackson, NJ 08050
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 $235,359 – $257,346, 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 $251,429 home should be assessed near $249,920.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $320 below what the ratio math suggests (0.1%).
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 |
|---|---|---|---|---|
| 307 OWLS NEST COURT | 2026-04 | $240,000 | 943 | 104.9% |
| 52 SNAPDRAGON COURT | 2026-04 | $270,000 | 943 | 94.8% |
| 303 LARKSPUR LANE | 2026-03 | $252,500 | 943 | 99.7% |
| 707 IVY COURT | 2025-09 | $250,000 | 943 | 94.3% |
| 202 PINE MEADOWS COURT | 2025-05 | $253,000 | 943 | 99.5% |
| 107 DAFFODIL DRIVE | 2025-05 | $265,000 | 943 | 88.9% |
| 118 AZALEA CIRCLE | 2025-06 | $275,000 | 980 | 114.0% |
| 145 CASSVILLE ROAD | 2026-01 | $440,000 | 960 | 83.8% |
| 3B PRIMROSE LANE | 2025-12 | $222,900 | 960 | 120.6% |
| 606 GOLDTHREAD COURT | 2026-05 | $281,000 | 1,033 | 99.9% |
| 1502 JASMINE COURT | 2026-05 | $269,999 | 1,033 | 104.4% |
| 1604 DAHLIA COURT | 2026-05 | $300,000 | 1,033 | 83.2% |
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