The Fair Share Report

301 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

≈ $628,694

Likely range $571,002 – $722,583, from 12 comparable Jackson sales in the past 18 months, at this home's 2,134 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 $628,694 home should be assessed near $624,922.

Step 3 · Assessed value

$723,700

Set at the last town-wide revaluation and mostly frozen since. That's $98,778 above what the ratio math suggests (15.8%).

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

$10,784/yr
Public schools$6,081
Ocean County$2,492
Town of Jackson$2,211
Jackson average$9,047

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

Town median 97.2%
This home · 115.1%

76%132%

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 $1,369/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
1045 FARMINGDALE ROAD2025-09$612,0002,240105.8%
538 FRANK APPLEGATE ROAD2026-01$920,0002,17473.0%
179 FARMERS LANE2026-01$820,0002,01079.1%
529 FRANK APPLEGATE ROAD2025-01$580,0002,134103.1%
70 N BOSTON ROAD2025-11$700,0002,25990.2%
14 RUE MONET2025-09$675,0002,10393.8%
541 FRANK APPLEGATE ROAD2026-05$560,0001,996103.6%
823 BOWMAN ROAD2025-08$555,0002,119110.2%
210 LENAPE TRAIL2025-11$565,0002,158110.1%
1068 TOMS RIVER ROAD2025-01$599,9002,242109.3%
15 ASPEN COURT2026-01$690,0002,296103.7%
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 →