The Fair Share Report

3 Mark Pl

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

≈ $554,080

Likely range $509,715 – $616,270, 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 $554,080 home should be assessed near $550,756.

Step 3 · Assessed value

$499,000

Set at the last town-wide revaluation and mostly frozen since. That's $51,756 below what the ratio math suggests (9.4%).

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

$7,450/yr
Public schools$4,201
Ocean County$1,721
Town of Jackson$1,528
Jackson average$9,047

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

Town median 97.2%
This home · 90.1%

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)

AddressSoldPriceSq ftRatio
3 ARKANSAS DRIVE2026-02$665,0001,45683.8%
5 HAWAII ROAD2026-06$605,0001,49685.7%
4 MARYMOUNT COURT2025-04$530,0001,60495.8%
18 BROOKWOOD PARKWAY2025-07$585,0001,61090.8%
7 SPRUCE TERRACE2026-05$595,0001,61492.0%
6 TRINITY PLACE2026-01$575,0001,428111.0%
8 TRINITY PLACE2026-04$640,0001,42896.8%
5 ILLINOIS AVENUE2025-12$510,0001,534107.9%
4 FORDHAM ROAD2025-01$560,0001,632111.0%
5 POPLAR STREET2025-09$525,0001,60092.4%
11 LEHIGH BOULEVARD2025-05$589,0001,610106.0%
36 PINECREST AVENUE2025-05$550,0001,48897.5%

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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 →