The Fair Share Report
3 Bailey 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 $717,994 – $960,221, from 12 comparable Jackson sales in the past 18 months, at this home's 2,597 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 $905,930 home should be assessed near $900,494.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,094 below what the ratio math suggests (8.2%).
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%121%
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 |
|---|---|---|---|---|
| 3 GLENROTHES COURT | 2026-02 | $989,800 | 2,677 | 89.5% |
| 41 HAMPSHIRE BOULEVARD | 2025-07 | $979,000 | 2,474 | 107.7% |
| 12 SPRINGBROOK DRIVE | 2025-10 | $999,000 | 2,461 | 93.2% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 24 TEAKWOOD DRIVE | 2025-03 | $900,000 | 2,580 | 92.1% |
| 2 MUIRWOOD COURT | 2025-09 | $925,000 | 2,534 | 96.9% |
| 382 PFISTER ROAD | 2025-08 | $697,500 | 2,640 | 105.4% |
| 3 MEADOWLARK COURT | 2025-08 | $775,000 | 2,628 | 94.0% |
| 6 LEE COURT | 2025-05 | $960,000 | 2,543 | 78.8% |
| 8 NEWBURY COURT | 2025-10 | $705,000 | 2,550 | 113.0% |
| 379 SAPPHIRE DRIVE | 2025-10 | $715,000 | 2,622 | 111.1% |
| 8 LEONE BOULEVARD | 2025-07 | $760,000 | 2,633 | 105.1% |
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