The Fair Share Report
2 Rapids 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $913,798 – $1,335,736, 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 $1,053,753 home should be assessed near $1,047,430.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,730 below what the ratio math suggests (8.9%).
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
66%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 |
|---|---|---|---|---|
| 23 AMETHYST WAY | 2026-01 | $1,062,101 | 3,294 | 89.6% |
| 6 MEADOW RUN COURT | 2026-02 | $1,311,500 | 3,199 | 95.9% |
| 23 AMBASSADOR WAY | 2026-06 | $915,500 | 3,230 | 99.6% |
| 37 SERENDIPITY DRIVE | 2025-08 | $899,999 | 3,296 | 105.8% |
| 20 JEFFERSON COURT | 2025-08 | $995,000 | 3,259 | 109.2% |
| 4 WIND SONG COURT | 2026-04 | $1,550,000 | 3,251 | 86.4% |
| 1043 AUMACK ROAD | 2025-02 | $880,000 | 3,387 | 108.9% |
| 10 SUNSHINE WAY | 2026-03 | $910,000 | 3,366 | 105.3% |
| 15 RODEO DRIVE | 2026-06 | $1,250,000 | 3,371 | 103.2% |
| 1024 AUMACK ROAD | 2025-10 | $925,000 | 3,160 | 97.9% |
| 33 BRIDGEWATER COURT | 2025-06 | $1,275,000 | 3,234 | 82.7% |
| 4 SWALLOW TAIL COURT | 2026-06 | $1,150,000 | 3,390 | 92.1% |
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