The Fair Share Report

2 Keith 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

≈ $869,422

Likely range $847,772 – $962,601, 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 $869,422 home should be assessed near $864,205.

Step 3 · Assessed value

$786,900

Set at the last town-wide revaluation and mostly frozen since. That's $77,305 below what the ratio math suggests (8.9%).

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

$11,748/yr
Public schools$6,625
Ocean County$2,714
Town of Jackson$2,409
Jackson average$9,047

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

Town median 97.2%
This home · 90.5%

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)

AddressSoldPriceSq ftRatio
55 HICKORY HILL ROAD2025-08$850,0002,37698.8%
52 HICKORY HILL ROAD2025-12$950,0002,37683.4%
5 BRIARWOOD COURT2025-02$950,0002,37683.6%
96 HICKORY HILL ROAD2026-04$925,0002,37695.6%
37 HICKORY HILL ROAD2026-02$809,0002,37687.7%
9 NEW YORK COURT2025-12$590,0002,416114.3%
943 HYSON ROAD2025-06$857,0002,436100.0%
19 HEMLOCK HILL ROAD2025-05$980,0002,37683.8%
24 SUNNY WOODS LANE2026-03$889,0002,452103.8%
11 ASH ROAD2025-12$850,0002,39697.6%
33 ASHFORD ROAD2026-06$885,0002,48091.3%
10 SUNNY WOODS LANE2025-12$925,0002,33595.3%

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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 →