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.

Step 1 · Market value

≈ $664,384

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

99.40%

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

$511,100

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

$1.386 per $100 assessed

$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%

Step 5 · The bill

$7,401/yr
Public schools$4,173
Ocean County$1,710
Town of Jackson$1,518
Jackson average$9,047

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

Town median 97.2%
This home · 76.9%

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)

AddressSoldPriceSq ftRatio
10 BOWMAN ROAD2025-09$660,0001,96495.3%
18 E PLEASANT GROVE ROAD2025-04$600,0001,90894.6%
313 WELLINGTON COURT2026-01$691,0001,908102.1%
6 STACY COURT2025-01$820,0001,90879.7%
627 ELTONE ROAD2025-06$582,0001,930102.2%
17 DURELL DRIVE2025-09$670,0001,83499.8%
3 CORINNE COURT2025-11$557,5001,854106.7%
9 STACY COURT2026-06$881,2201,98077.0%
14 OKJIN COURT2026-05$600,0001,922111.9%
1064 BENNETTS MILLS ROAD2025-06$665,0001,988103.3%
716 HYSON ROAD2025-10$605,0001,974111.9%
3 LINDA DRIVE2025-10$910,0001,81187.8%

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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 →