The Fair Share Report
3 Walnut 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 $532,644 – $653,181, 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 $595,736 home should be assessed near $592,162.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $134,062 below what the ratio math suggests (22.6%).
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
65%118%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jackson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 DEER LANE | 2025-04 | $605,000 | 1,698 | 87.6% |
| 5 ATLANTA DRIVE | 2025-05 | $645,000 | 1,718 | 88.1% |
| 20 FORDHAM ROAD | 2025-03 | $720,000 | 1,700 | 91.2% |
| 29 FOX DRIVE | 2025-03 | $740,000 | 1,760 | 84.9% |
| 37 BRYANT DRIVE | 2025-01 | $542,500 | 1,676 | 112.3% |
| 123 SUSAN DRIVE | 2025-11 | $545,000 | 1,632 | 92.7% |
| 7 HAWAII ROAD | 2025-06 | $765,000 | 1,700 | 85.1% |
| 22 PRINCETON DRIVE | 2026-03 | $597,500 | 1,664 | 95.6% |
| 13 W CONNECTICUT CONCOURS | 2025-03 | $575,000 | 1,604 | 96.9% |
| 34 CAMBRIDGE DRIVE | 2025-07 | $645,000 | 1,671 | 83.7% |
| 1 CITADEL COURT | 2025-11 | $565,000 | 1,718 | 86.0% |
| 4 LAWRENCE STREET | 2025-05 | $525,000 | 1,632 | 100.0% |
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