The Fair Share Report
29 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $309,231 – $433,064, 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 $326,446 home should be assessed near $324,487.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,113 above what the ratio math suggests (16.1%).
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%127%
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 |
|---|---|---|---|---|
| 50 RENEE COURT | 2025-05 | $390,000 | 1,280 | 93.2% |
| 28 INDEPENDENCE COURT | 2025-12 | $315,000 | 1,241 | 113.1% |
| 5 FORGE COURT | 2025-12 | $330,000 | 1,241 | 116.2% |
| 7 COLONIAL COURT | 2025-10 | $320,000 | 1,241 | 119.8% |
| 34 INDEPENDENCE COURT | 2025-05 | $360,000 | 1,241 | 102.6% |
| 15 WALTER DRIVE | 2025-02 | $500,000 | 1,248 | 82.4% |
| 39 RENEE COURT | 2025-04 | $410,000 | 1,240 | 88.7% |
| 623 COSY LANE | 2025-12 | $420,000 | 1,248 | 91.1% |
| 696 ANDERSON ROAD | 2025-12 | $500,000 | 1,240 | 101.7% |
| 2001 BEGONIA COURT | 2026-04 | $310,000 | 1,219 | 99.2% |
| 702 GOLDTHREAD COURT | 2026-03 | $291,500 | 1,219 | 105.5% |
| 701 BLUEBELL DRIVE | 2026-02 | $295,000 | 1,219 | 97.7% |
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