The Fair Share Report

3 Timber 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

≈ $624,421

Likely range $545,105 – $691,667, from 12 comparable Jackson sales in the past 18 months, at this home's 1,660 sq ft.

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 $624,421 home should be assessed near $620,674.

Step 3 · Assessed value

$759,300

Set at the last town-wide revaluation and mostly frozen since. That's $138,626 above what the ratio math suggests (22.3%).

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

$11,336/yr
Public schools$6,393
Ocean County$2,619
Town of Jackson$2,325
Jackson average$9,047

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

Town median 97.2%
This home · 121.6%

76%145%

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 $1,921/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
18 LIVERPOOL COURT2026-05$760,0001,66074.3%
306 CEDAR SWAMP ROAD2025-02$530,0001,61481.2%
5 FRIAR COURT2026-03$700,0001,65386.6%
257 WHITE ROAD2025-07$715,0001,65677.5%
32 WALTER DRIVE2025-09$540,0001,59277.0%
5 ALBANY AVENUE2026-06$665,0001,59888.7%
6 UPPER PENNSYLVANIA AVE2025-12$635,5001,65293.8%
17 ALBANY AVENUE2026-02$490,0001,584117.2%
11 PARTREE ROAD2026-05$650,0001,72899.2%
7 JUNIPER LANE2025-08$660,0001,58484.8%
30 DAWN CYPRESS LANE2025-09$522,0001,61689.3%
35 CAMBRIDGE DRIVE2025-01$640,0001,74678.6%

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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 →