The Fair Share Report

3 Scioto 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

≈ $497,437

Likely range $487,207 – $520,724, 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 $497,437 home should be assessed near $494,452.

Step 3 · Assessed value

$525,900

Set at the last town-wide revaluation and mostly frozen since. That's $31,448 above what the ratio math suggests (6.4%).

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

$7,602/yr
Public schools$4,287
Ocean County$1,756
Town of Jackson$1,559
Jackson average$9,047

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

Town median 97.2%
This home · 105.7%

76%118%

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 $436/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
35 MUIRFIELD ROAD2026-04$555,0001,98191.5%
4 GLADSTON COURT2026-04$500,0002,102103.7%
217 BROOKFIELD DRIVE2026-06$510,0002,094107.3%
141 BROOKFIELD DRIVE2026-05$535,0002,094104.4%
42 BROOKFIELD DRIVE2026-01$519,0002,094106.1%
137 BROOKFIELD DRIVE2025-09$525,0002,09499.5%
105 BROOKFIELD DRIVE2025-06$515,0002,094106.8%
139 BROOKFIELD DRIVE2025-04$490,0002,094105.3%
32 WALTHAM WAY2026-01$480,0001,965114.5%
5 ELMSWELL COURT2025-04$545,0001,97990.2%
7 ELMSWELL COURT2025-12$520,0002,136105.0%
119 HUNTINGTON DRIVE2025-12$470,0002,141110.9%

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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 →