The Fair Share Report
2 Monarch 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 $916,990 – $1,413,201, 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 $1,261,505 home should be assessed near $1,253,936.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $166,336 below what the ratio math suggests (13.3%).
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
72%124%
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 |
|---|---|---|---|---|
| 3 BEVERLY COURT | 2025-01 | $1,350,000 | 3,738 | 95.7% |
| 18 RODEO DRIVE | 2025-08 | $1,237,500 | 3,888 | 98.9% |
| 12 CONOR ROAD | 2025-12 | $999,999 | 3,920 | 108.8% |
| 322 WELLINGTON COURT | 2026-05 | $850,000 | 3,958 | 109.4% |
| 15 CONOR ROAD | 2025-10 | $1,239,000 | 3,694 | 92.0% |
| 6 PALAMINO DRIVE | 2025-02 | $1,300,000 | 3,662 | 95.8% |
| 2 ROUND HILL ROAD | 2026-01 | $1,400,000 | 3,754 | 78.5% |
| 4 MALIBU COURT | 2025-10 | $1,390,000 | 4,041 | 89.8% |
| 1 POLE BROOK ROAD | 2025-09 | $1,200,000 | 3,668 | 96.8% |
| 17 WOODS EDGE DRIVE | 2025-06 | $995,000 | 3,626 | 107.6% |
| 25 TOPAZ DRIVE | 2025-04 | $925,000 | 3,701 | 104.3% |
| 65 PINEOAKA ROAD | 2025-08 | $810,675 | 3,662 | 126.9% |
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