The Fair Share Report
2 Bowman Rd
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 $583,390 – $720,930, 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 $664,384 home should be assessed near $660,398.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $149,298 below what the ratio math suggests (22.6%).
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
65%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 |
|---|---|---|---|---|
| 10 BOWMAN ROAD | 2025-09 | $660,000 | 1,964 | 95.3% |
| 18 E PLEASANT GROVE ROAD | 2025-04 | $600,000 | 1,908 | 94.6% |
| 313 WELLINGTON COURT | 2026-01 | $691,000 | 1,908 | 102.1% |
| 6 STACY COURT | 2025-01 | $820,000 | 1,908 | 79.7% |
| 627 ELTONE ROAD | 2025-06 | $582,000 | 1,930 | 102.2% |
| 17 DURELL DRIVE | 2025-09 | $670,000 | 1,834 | 99.8% |
| 3 CORINNE COURT | 2025-11 | $557,500 | 1,854 | 106.7% |
| 9 STACY COURT | 2026-06 | $881,220 | 1,980 | 77.0% |
| 14 OKJIN COURT | 2026-05 | $600,000 | 1,922 | 111.9% |
| 1064 BENNETTS MILLS ROAD | 2025-06 | $665,000 | 1,988 | 103.3% |
| 716 HYSON ROAD | 2025-10 | $605,000 | 1,974 | 111.9% |
| 3 LINDA DRIVE | 2025-10 | $910,000 | 1,811 | 87.8% |
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