The Fair Share Report
20 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 $562,441 – $620,310, 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 $593,490 home should be assessed near $589,929.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,329 below what the ratio math suggests (2.3%).
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
76%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 |
|---|---|---|---|---|
| 15 COG HILL COURT | 2026-06 | $610,000 | 2,308 | 99.8% |
| 62 BROOKFIELD DRIVE | 2025-02 | $549,000 | 2,239 | 104.3% |
| 86 WILD DUNES WAY | 2025-09 | $610,000 | 2,286 | 93.9% |
| 38 VICTORIA CIRCLE | 2025-12 | $1,205,000 | 2,451 | 82.8% |
| 45 SPENCER DRIVE | 2025-08 | $535,000 | 2,410 | 124.8% |
| 53 PINE VALLEY ROAD | 2025-12 | $529,900 | 2,190 | 109.7% |
| 22 BROOKFIELD DRIVE | 2025-09 | $575,000 | 2,239 | 98.8% |
| 20 BROOKFIELD DRIVE | 2025-05 | $562,000 | 2,239 | 100.0% |
| 10 BROOKFIELD DRIVE | 2025-03 | $555,000 | 2,239 | 104.1% |
| 115 GABLES WAY | 2025-04 | $622,000 | 2,345 | 97.5% |
| 5 MARLOW DRIVE | 2025-05 | $600,000 | 2,298 | 92.3% |
| 4 LONG BAY ROAD | 2025-09 | $510,000 | 2,090 | 98.0% |
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