The Fair Share Report

300 Clearstream Rd

Jackson, NJ 08701

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

≈ $911,538

Likely range $722,608 – $1,079,776, 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 $911,538 home should be assessed near $906,069.

Step 3 · Assessed value

$1,056,500

Set at the last town-wide revaluation and mostly frozen since. That's $150,431 above what the ratio math suggests (16.6%).

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

$16,401/yr
Public schools$9,248
Ocean County$3,789
Town of Jackson$3,363
Jackson average$9,047

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

Town median 97.2%
This home · 115.9%

76%152%

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)

AddressSoldPriceSq ftRatio
69-71 E PLEASANT GROVE RD2025-08$720,0003,008114.7%
411 BUTTERFLY ROAD2025-11$990,0002,92897.8%
190 JACKSON MILLS ROAD2025-10$889,0002,78294.3%
126 JACKSON MILLS ROAD2025-10$715,0002,452112.3%
225 W BIRD VILLAGE ROAD2026-06$815,0003,534112.5%
241 N HOPE CHAPEL ROAD2025-04$1,850,0003,21556.0%
13 MILLS LANE2025-07$780,0002,890111.3%
91 VALLEY ROAD2025-09$900,0003,34992.2%
10 BEATRICE LANE2025-03$850,0003,45884.8%
135 E VETERANS HIGHWAY2025-12$1,100,0003,42891.3%
155 LEESVILLE ROAD2026-03$550,0002,947117.0%
137 JACKSON MILLS ROAD2025-04$835,0002,46690.4%

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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 →