The Fair Share Report
3 Sheldon Dr
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 $883,001 – $1,026,121, from 12 comparable Jackson sales in the past 18 months, at this home's 3,332 sq ft.
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 $917,247 home should be assessed near $911,744.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $218,356 above what the ratio math suggests (23.9%).
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%133%
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 $3,026/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 781 HARMONY ROAD | 2026-06 | $885,000 | 3,279 | 96.6% |
| 781 HARMONY ROAD | 2025-10 | $825,000 | 3,279 | 103.6% |
| 781 HARMONY ROAD | 2025-04 | $720,000 | 3,279 | 118.7% |
| 18 BRITTANY LANE | 2025-04 | $999,000 | 3,366 | 102.2% |
| 1 SKYLARK DRIVE | 2025-09 | $920,000 | 3,342 | 103.5% |
| 37 SERENDIPITY DRIVE | 2025-08 | $899,999 | 3,296 | 105.8% |
| 17 DANIELLE COURT | 2025-08 | $1,850,000 | 3,421 | 70.7% |
| 302 E BIRD VILLAGE ROAD | 2026-05 | $830,000 | 3,132 | 99.9% |
| 10 SUNSHINE WAY | 2026-03 | $910,000 | 3,366 | 105.3% |
| 20 JEFFERSON COURT | 2025-08 | $995,000 | 3,259 | 109.2% |
| 857 WOODBURY DRIVE | 2025-08 | $770,000 | 3,112 | 139.7% |
| 46 OVERLOOK DRIVE | 2026-03 | $1,100,000 | 3,540 | 100.3% |
Is this your house?
Run your own report →