The Fair Share Report
3 Gorham 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 $572,771 – $804,629, 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 $640,010 home should be assessed near $636,170.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $172,330 above what the ratio math suggests (27.1%).
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%147%
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 $2,388/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 33 BROOKFIELD DRIVE | 2025-05 | $520,000 | 2,822 | 104.9% |
| 10 SUNNINGDALE COURT | 2026-03 | $620,000 | 2,923 | 100.2% |
| 10 BALMORAL DRIVE | 2026-01 | $685,000 | 2,996 | 99.4% |
| 70 BALTUSROL DRIVE | 2025-12 | $547,500 | 2,988 | 112.9% |
| 304 MACKENZIE DRIVE | 2026-02 | $980,000 | 2,946 | 93.2% |
| 722 ELTONE ROAD | 2025-08 | $850,000 | 2,870 | 103.1% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 68 SPYGLASS DRIVE | 2025-12 | $590,000 | 2,662 | 105.3% |
| 12 BAY HILL ROAD | 2025-07 | $625,000 | 2,878 | 101.0% |
| 5 WALPOLE WAY | 2025-09 | $679,800 | 3,477 | 105.3% |
| 41 CONGRESSIONAL ROAD | 2025-07 | $604,800 | 3,063 | 107.1% |
| 66 STAMFORD DRIVE | 2025-06 | $650,000 | 2,993 | 99.5% |
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