The Fair Share Report
24 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.
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Step 1 · Market value
Likely range $908,737 – $998,188, from 12 comparable Jackson sales in the past 18 months, at this home's 2,459 sq ft.
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 $946,167 home should be assessed near $940,490.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,810 above what the ratio math suggests (0.4%).
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%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 SUMMERHILL AVENUE | 2026-05 | $1,150,000 | 2,471 | 78.7% |
| 5 CARLSON COURT | 2025-07 | $855,000 | 2,526 | 99.8% |
| 6 HIGHLAND DRIVE | 2025-06 | $920,000 | 2,453 | 100.4% |
| 7 HIGHLAND DRIVE | 2025-06 | $970,000 | 2,427 | 92.3% |
| 12 SPRINGBROOK DRIVE | 2025-10 | $999,000 | 2,461 | 93.2% |
| 494 MATTHEWS LANE | 2026-04 | $840,000 | 2,273 | 89.5% |
| 38 TEAKWOOD DRIVE | 2025-04 | $910,000 | 2,394 | 87.3% |
| 1 WENDY COURT | 2026-04 | $937,000 | 2,505 | 80.1% |
| 5 KNIGHTSBRIDGE PLACE | 2025-07 | $999,999 | 2,423 | 105.8% |
| 554 S COOKS BRIDGE ROAD | 2025-03 | $735,000 | 2,688 | 95.2% |
| 48 KNIGHTSBRIDGE PLACE | 2025-07 | $1,315,000 | 2,476 | 78.7% |
| 10 SCARBOROUGH DRIVE | 2025-08 | $999,999 | 2,484 | 97.5% |
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