The Fair Share Report

2 Galassi 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.

Step 1 · Market value

≈ $817,669

Likely range $718,330 – $886,484, from 12 comparable Jackson sales in the past 18 months, at this home's 2,900 sq ft.

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 $817,669 home should be assessed near $812,763.

Step 3 · Assessed value

$924,000

Set at the last town-wide revaluation and mostly frozen since. That's $111,237 above what the ratio math suggests (13.7%).

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

$13,380/yr
Public schools$7,545
Ocean County$3,091
Town of Jackson$2,744
Jackson average$9,047

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

Town median 97.2%
This home · 113.0%

76%134%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,542/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
960 MAPLEHURST AVENUE2025-03$850,0003,11096.0%
320 JACKSON PINES ROAD2025-11$999,0002,87088.4%
2 AFTON ROAD2026-03$700,0002,826126.1%
8 SHELDON DRIVE2025-12$999,0002,90198.3%
9 GALASSI COURT2025-05$1,151,0002,79485.0%
19 GROVER COURT2025-07$840,0002,82097.4%
8 STEPHANIE COURT2025-05$780,0002,746109.2%
12 CORINNE COURT2025-11$547,4002,734120.3%
36 ELM STREET2025-07$852,0002,84081.7%
4 HEATHWOOD AVENUE2025-06$755,0002,856117.4%
5 PERSIMMON DRIVE2025-08$825,0002,92692.0%
260 BARTLEY ROAD2025-06$925,0003,026103.5%

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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 →