The Fair Share Report
3 Michael 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 $1,037,364 – $1,613,531, 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 $1,320,599 home should be assessed near $1,312,675.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $143,175 below what the ratio math suggests (10.9%).
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
67%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 |
|---|---|---|---|---|
| 457 S COOKS BRIDGE ROAD | 2026-05 | $1,310,000 | 4,144 | 84.0% |
| 8 CALENDULA COURT | 2025-06 | $1,275,000 | 4,087 | 98.2% |
| 40 WOODS EDGE DRIVE | 2026-01 | $1,075,000 | 4,123 | 87.5% |
| 2 RODEO DRIVE | 2025-10 | $1,555,000 | 3,905 | 81.2% |
| 8 COLTS COURT | 2025-06 | $1,610,000 | 3,884 | 81.0% |
| 10 BRIDLE COURT | 2026-01 | $1,550,000 | 4,041 | 80.4% |
| 10 BISCAYNE COURT | 2025-09 | $910,000 | 3,707 | 111.5% |
| 15 LAKESIDE DRIVE | 2026-06 | $1,150,000 | 4,386 | 107.6% |
| 2 MOET COURT | 2026-06 | $1,300,000 | 4,039 | 97.9% |
| 7 SUMMERS DRIVE | 2025-09 | $1,800,000 | 4,307 | 91.1% |
| 4 MALIBU COURT | 2025-10 | $1,390,000 | 4,041 | 89.8% |
| 18 AMETHYST WAY | 2025-06 | $1,100,000 | 4,441 | 101.0% |
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