The Fair Share Report
2 Rye 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 $421,791 – $520,689, 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 $470,755 home should be assessed near $467,930.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,370 above what the ratio math suggests (4.4%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 RYE COURT | 2026-02 | $425,000 | 1,856 | 114.4% |
| 2 SEMINOLE COURT | 2026-03 | $437,000 | 1,916 | 114.0% |
| 24 SHADOW CREEK COURT | 2026-01 | $425,500 | 1,916 | 118.7% |
| 4 MARLOW DRIVE | 2025-12 | $470,000 | 1,868 | 102.1% |
| 68 BALTUSROL DRIVE | 2025-12 | $445,000 | 1,890 | 112.7% |
| 15 CROOKED STICK ROAD | 2026-06 | $565,000 | 1,892 | 92.5% |
| 101 CYPRESS POINT LANE | 2025-02 | $420,000 | 1,895 | 117.6% |
| 88 BROOKFIELD DRIVE | 2026-06 | $535,000 | 1,828 | 94.9% |
| 127 BROOKFIELD DRIVE | 2025-01 | $427,500 | 1,828 | 107.5% |
| 24 MEDINAH COURT | 2025-03 | $470,000 | 1,868 | 118.6% |
| 149 WILD DUNES WAY | 2025-04 | $565,000 | 1,970 | 90.9% |
| 14 CROMWELL LANE | 2026-05 | $524,900 | 1,911 | 96.3% |
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