The Fair Share Report

2 Normandy Dr

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

≈ $792,012

Likely range $736,543 – $985,961, from 12 comparable Jackson sales in the past 18 months, at this home's 2,701 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 $792,012 home should be assessed near $787,260.

Step 3 · Assessed value

$851,200

Set at the last town-wide revaluation and mostly frozen since. That's $63,940 above what the ratio math suggests (8.1%).

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

$12,308/yr
Public schools$6,941
Ocean County$2,844
Town of Jackson$2,524
Jackson average$9,047

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

Town median 97.2%
This home · 107.5%

76%121%

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
6 SCOTTSDALE COURT2026-03$985,0002,67193.2%
35 OLIVIA WAY2025-03$815,0002,698103.5%
3 MEADOWLARK COURT2025-08$775,0002,62894.0%
4 CARROLL COURT2025-08$785,0002,686101.1%
382 PFISTER ROAD2025-08$697,5002,640105.4%
8 LEONE BOULEVARD2025-07$760,0002,633105.1%
2 MUIRWOOD COURT2025-09$925,0002,53496.9%
379 SAPPHIRE DRIVE2025-10$715,0002,622111.1%
6 MOUNT OLIVE LANE2025-02$720,0002,815113.6%
2 SPECTRUM COURT2025-04$1,400,0002,70568.8%
303 WELLINGTON COURT2025-07$875,0002,76289.5%
5 OVERLOOK DRIVE2026-02$989,8002,67286.0%

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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 →