The Fair Share Report
2 Michael 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 $1,091,384 – $1,519,334, from 12 comparable Jackson sales in the past 18 months, at this home's 4,417 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 $1,228,651 home should be assessed near $1,221,279.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $201,279 below what the ratio math suggests (16.5%).
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
62%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 SUMMERS DRIVE | 2025-09 | $1,800,000 | 4,307 | 91.1% |
| 15 MEADOW RUN COURT | 2025-12 | $1,200,000 | 4,314 | 111.0% |
| 4 RODEO DRIVE | 2026-01 | $1,450,000 | 4,191 | 94.4% |
| 10 BRIDLE COURT | 2026-01 | $1,550,000 | 4,041 | 80.4% |
| 67 ERIN DRIVE | 2025-09 | $737,470 | 4,458 | 137.5% |
| 10 MEADOW RUN COURT | 2025-04 | $1,365,000 | 4,590 | 108.6% |
| 9 NANCY COURT | 2025-02 | $770,000 | 4,282 | 123.5% |
| 3 CANTERBURY COURT | 2025-11 | $900,000 | 4,204 | 111.5% |
| 4 MALIBU COURT | 2025-10 | $1,390,000 | 4,041 | 89.8% |
| 457 S COOKS BRIDGE ROAD | 2026-05 | $1,310,000 | 4,144 | 84.0% |
| 12 CONOR ROAD | 2025-12 | $999,999 | 3,920 | 108.8% |
| 3 MALIBU COURT | 2025-08 | $1,230,000 | 4,978 | 112.9% |
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