The Fair Share Report

3 Beech 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.

Step 1 · Market value

≈ $364,299

Likely range $348,385 – $391,669, 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 $364,299 home should be assessed near $362,113.

Step 3 · Assessed value

$496,200

Set at the last town-wide revaluation and mostly frozen since. That's $134,087 above what the ratio math suggests (37.0%).

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

$7,185/yr
Public schools$4,052
Ocean County$1,660
Town of Jackson$1,473
Jackson average$9,047

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

Town median 97.2%
This home · 136.2%

76%148%

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 $1,858/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
73 RITA LANE2026-03$369,2501,68092.5%
167 MELI BOULEVARD2025-10$345,0001,680107.7%
39 COLONIAL COURT2025-09$385,0001,694102.9%
307 SAGE COURT2026-03$355,0001,75198.6%
201 BEGONIA COURT2026-01$375,0001,75193.3%
1803 LILLY LANE2025-10$357,0001,75198.0%
209 BEGONIA COURT2025-08$347,5001,751107.5%
505 BEGONIA COURT2025-07$375,0001,751101.6%
1404 VIOLET LANE2025-06$366,0001,75195.6%
1402 VIOLET LANE2025-05$366,0001,751104.1%
121 JOAN COURT2026-03$350,0001,640100.1%
116 JOAN COURT2026-02$350,0001,64097.2%

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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 →