The Fair Share Report

269 Clearstream Rd

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

≈ $528,854

Likely range $454,361 – $654,422, from 12 comparable Jackson sales in the past 18 months, at this home's 1,807 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 $528,854 home should be assessed near $525,681.

Step 3 · Assessed value

$760,400

Set at the last town-wide revaluation and mostly frozen since. That's $234,719 above what the ratio math suggests (44.7%).

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

$11,353/yr
Public schools$6,402
Ocean County$2,623
Town of Jackson$2,328
Jackson average$9,047

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

Town median 97.2%
This home · 143.8%

76%173%

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 $3,253/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
303 DIAMOND ROAD2025-08$650,0001,821102.4%
17 DURELL DRIVE2025-09$670,0001,83499.8%
224 BROOKFIELD DRIVE2026-01$455,0001,792102.4%
284 BROOKFIELD DRIVE2025-10$408,0001,79297.0%
293 BROOKFIELD DRIVE2025-06$470,0001,79299.9%
88 BROOKFIELD DRIVE2026-06$535,0001,82894.9%
127 BROOKFIELD DRIVE2025-01$427,5001,828107.5%
14 OKJIN COURT2026-05$600,0001,922111.9%
313 WELLINGTON COURT2026-01$691,0001,908102.1%
310 BROOKFIELD DRIVE2026-03$435,0001,73089.5%
305 BROOKFIELD DRIVE2026-01$435,0001,73095.2%
229 BROOKFIELD DRIVE2025-07$425,0001,73096.7%

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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 →