The Fair Share Report

2 Springbrook 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

≈ $887,953

Likely range $599,911 – $934,007, from 12 comparable Jackson sales in the past 18 months, at this home's 2,336 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 $887,953 home should be assessed near $882,625.

Step 3 · Assessed value

$957,400

Set at the last town-wide revaluation and mostly frozen since. That's $74,775 above what the ratio math suggests (8.5%).

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

$14,294/yr
Public schools$8,060
Ocean County$3,303
Town of Jackson$2,931
Jackson average$9,047

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

Town median 97.2%
This home · 107.8%

76%165%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,036/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
10 ARBORETUM DRIVE2025-10$920,0002,32089.0%
18 SUMMERHILL AVENUE2025-11$1,075,0002,32078.3%
494 MATTHEWS LANE2026-04$840,0002,27389.5%
62 BROOKFIELD DRIVE2025-02$549,0002,239104.3%
12 SPRINGBROOK DRIVE2025-10$999,0002,46193.2%
6 CROSS FARMS ROAD2025-08$845,0002,219102.3%
22 BROOKFIELD DRIVE2025-09$575,0002,23998.8%
20 BROOKFIELD DRIVE2025-05$562,0002,239100.0%
10 BROOKFIELD DRIVE2025-03$555,0002,239104.1%
23 SUMMERHILL AVENUE2026-05$1,150,0002,47178.7%
7 YELLOWWOOD COURT2025-02$950,0002,37691.5%
5 CARLSON COURT2025-07$855,0002,52699.8%

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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 →