The Fair Share Report

21 Forge 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.

Step 1 · Market value

≈ $400,183

Likely range $376,290 – $572,344, from 12 comparable Jackson sales in the past 18 months, at this home's 1,386 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 $400,183 home should be assessed near $397,782.

Step 3 · Assessed value

$388,400

Set at the last town-wide revaluation and mostly frozen since. That's $9,382 below what the ratio math suggests (2.4%).

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

$5,799/yr
Public schools$3,270
Ocean County$1,340
Town of Jackson$1,189
Jackson average$9,047

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

Town median 97.2%
This home · 97.1%

62%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)

AddressSoldPriceSq ftRatio
16 TUDOR COURT2025-10$365,0001,37484.3%
18 TUDOR COURT2025-09$432,0001,36883.5%
31 FORGE COURT2025-12$390,0001,43097.0%
5 REVERE COURT2025-02$306,0001,430118.4%
7 REVERE COURT2025-05$375,0001,342101.9%
44 SHILLING WAY2025-07$380,0001,339102.5%
18 KEVINS COURT2025-12$800,0001,41676.8%
11 SEDGWICK SQUARE2026-02$410,0001,42096.0%
485 LEMING ROAD2025-06$489,0001,352100.3%
584 BREWERS BRIDGE ROAD2025-10$600,0001,40486.5%
383 S STUMP TAVERN ROAD2025-09$535,0001,40485.6%
368 LEESVILLE ROAD2025-04$560,0001,35690.1%

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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 →