The Fair Share Report
2 Bailey 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 $869,216 – $1,026,354, from 12 comparable Jackson sales in the past 18 months, at this home's 2,568 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 $949,019 home should be assessed near $943,325.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $189,925 below what the ratio math suggests (20.1%).
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
68%118%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jackson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 CARLSON COURT | 2025-07 | $855,000 | 2,526 | 99.8% |
| 23 SUMMERHILL AVENUE | 2026-05 | $1,150,000 | 2,471 | 78.7% |
| 554 S COOKS BRIDGE ROAD | 2025-03 | $735,000 | 2,688 | 95.2% |
| 5 PALAMINO DRIVE | 2025-03 | $999,000 | 2,701 | 103.4% |
| 7 KENSINGTON COURT | 2026-01 | $1,140,000 | 2,602 | 87.2% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 6 HIGHLAND DRIVE | 2025-06 | $920,000 | 2,453 | 100.4% |
| 1 WENDY COURT | 2026-04 | $937,000 | 2,505 | 80.1% |
| 7 HIGHLAND DRIVE | 2025-06 | $970,000 | 2,427 | 92.3% |
| 12 SPRINGBROOK DRIVE | 2025-10 | $999,000 | 2,461 | 93.2% |
| 24 TEAKWOOD DRIVE | 2025-03 | $900,000 | 2,580 | 92.1% |
| 6 WENDY COURT | 2025-06 | $925,000 | 2,505 | 93.8% |
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