The Fair Share Report
30 Bates Rd
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.
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Step 1 · Market value
Likely range $497,895 – $659,057, 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 $585,478 home should be assessed near $581,965.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,835 above what the ratio math suggests (12.7%).
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%137%
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 |
|---|---|---|---|---|
| 75 BROOKWOOD PARKWAY | 2026-01 | $850,000 | 1,801 | 66.9% |
| 541 FRANK APPLEGATE ROAD | 2026-05 | $560,000 | 1,996 | 103.6% |
| 1084 FARMINGDALE ROAD | 2025-01 | $580,000 | 1,800 | 80.9% |
| 56 CEDAR SWAMP ROAD | 2025-04 | $643,000 | 1,800 | 88.8% |
| 277 METEDECONK TRAIL | 2025-12 | $580,000 | 1,804 | 117.7% |
| 390 FRANK APPLEGATE ROAD | 2026-05 | $560,000 | 1,936 | 105.3% |
| 177 CEDAR SWAMP ROAD | 2026-06 | $585,000 | 1,750 | 80.5% |
| 444 COOK ROAD | 2025-08 | $640,000 | 1,920 | 89.9% |
| 3 LINDA DRIVE | 2025-10 | $910,000 | 1,811 | 87.8% |
| 7 CORINNE COURT | 2026-04 | $626,000 | 1,794 | 83.1% |
| 791 HARMONY ROAD | 2026-03 | $629,000 | 1,712 | 97.2% |
| 3 CORINNE COURT | 2025-11 | $557,500 | 1,854 | 106.7% |
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