The Fair Share Report

29 Adelphi 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

≈ $699,136

Likely range $643,482 – $731,068, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $699,136 home should be assessed near $694,941.

Step 3 · Assessed value

$710,300

Set at the last town-wide revaluation and mostly frozen since. That's $15,359 above what the ratio math suggests (2.2%).

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

$10,605/yr
Public schools$5,980
Ocean County$2,450
Town of Jackson$2,175
Jackson average$9,047

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

Town median 97.2%
This home · 101.6%

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)

AddressSoldPriceSq ftRatio
3 S DAKOTA AVENUE2025-03$649,0002,08693.4%
8 BRUCE TERRACE2025-02$542,7752,271110.9%
9 W VIRGINIA AVENUE2025-01$720,0002,13882.4%
12 ARKANSAS DRIVE2025-09$645,0002,13888.8%
22 DINA PLACE2026-02$640,0001,96686.9%
6 PRINCETON DRIVE2025-10$650,0001,90289.0%
24 PRINCETON DRIVE2025-10$650,0001,93688.0%
1 ANDOVER ROAD2025-12$580,0002,01692.2%
64 RHODE ISLAND DRIVE2025-11$603,0001,881113.6%
15 FOREST HILL AVENUE2025-02$565,0002,304122.8%
40 BROOKWOOD PARKWAY2026-03$647,0001,87488.5%
10 ATLANTA DRIVE2025-04$735,0002,22491.2%

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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 →