The Fair Share Report
3 Dowing Ln
Jackson, NJ 07746
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 $360,989 – $424,278, 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 $387,648 home should be assessed near $385,322.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,478 above what the ratio math suggests (0.9%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 47 S BAKER DRIVE | 2025-07 | $370,000 | 1,589 | 99.0% |
| 9 ABBOT COURT | 2026-02 | $370,000 | 1,626 | 88.6% |
| 17 MEDINAH COURT | 2026-04 | $409,800 | 1,660 | 107.3% |
| 12 PORTEBELLO ROAD | 2025-09 | $445,000 | 1,732 | 86.6% |
| 18 WALTHAM WAY | 2025-08 | $475,000 | 1,623 | 112.2% |
| 6 ANGUS COURT | 2025-02 | $355,000 | 1,640 | 104.5% |
| 7 MANCHESTER COURT | 2025-03 | $415,000 | 1,676 | 90.1% |
| 12 MANCHESTER COURT | 2025-02 | $368,000 | 1,599 | 101.5% |
| 10 CHADWICK SQUARE | 2025-03 | $400,000 | 1,684 | 96.7% |
| 34 S AVON DRIVE | 2025-06 | $400,000 | 1,589 | 91.7% |
| 54 S BAKER DRIVE | 2025-05 | $335,000 | 1,508 | 105.7% |
| 42 MERION LANE | 2025-10 | $435,000 | 1,544 | 110.2% |
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