The Fair Share Report

307 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

≈ $575,656

Likely range $451,968 – $653,926, from 12 comparable Jackson sales in the past 18 months, at this home's 1,417 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 $575,656 home should be assessed near $572,202.

Step 3 · Assessed value

$643,200

Set at the last town-wide revaluation and mostly frozen since. That's $70,998 above what the ratio math suggests (12.4%).

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

$9,603/yr
Public schools$5,415
Ocean County$2,219
Town of Jackson$1,969
Jackson average$9,047

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

Town median 97.2%
This home · 111.7%

76%148%

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
560 HYSON ROAD2025-04$585,0001,32685.6%
589 FREEHOLD ROAD2026-03$589,0001,58498.9%
84 WILLOW DRIVE2026-03$528,2001,656113.9%
222 CRESCENT AVENUE2025-08$683,0001,48096.7%
426 BENNETTS MILLS ROAD2025-12$850,0001,41957.9%
750 GREEN VALLEY ROAD2025-09$700,0001,52082.1%
278 METEDECONK TRAIL2025-06$490,0001,702133.4%
31 FORGE COURT2025-12$390,0001,43097.0%
5 REVERE COURT2025-02$306,0001,430118.4%
342 DIAMOND ROAD2025-06$575,0001,58490.1%
124 CEDAR SWAMP ROAD2026-02$550,0001,300104.3%
1388 W VETERANS HIGHWAY2025-08$530,0001,60086.4%

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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 →