The Fair Share Report

31 Fox 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.

Step 1 · Market value

≈ $568,803

Likely range $514,117 – $586,021, from 12 comparable Jackson sales in the past 18 months, at this home's 1,230 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 $568,803 home should be assessed near $565,390.

Step 3 · Assessed value

$488,900

Set at the last town-wide revaluation and mostly frozen since. That's $76,490 below what the ratio math suggests (13.5%).

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

$7,501/yr
Public schools$4,230
Ocean County$1,733
Town of Jackson$1,538
Jackson average$9,047

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

Town median 97.2%
This home · 86.0%

76%118%

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
16 BLUE SPRUCE DRIVE2026-03$445,0001,220102.9%
8 HARFIELD DRIVE2025-12$495,0001,25087.6%
15 VERMONT AVENUE2025-07$562,0001,26092.5%
8 NEAL STREET2025-06$591,0001,27880.0%
171 SUSAN DRIVE2025-09$687,5001,33080.2%
21 DREXEL DRIVE2025-06$670,0001,27885.5%
68 S COOKS BRIDGE ROAD2025-08$430,0001,27698.3%
3 BRUCE TERRACE2026-02$645,0001,33085.4%
21 DOGWOOD DRIVE2025-05$546,0001,14698.8%
5 PENNSYLVANIA AVENUE2025-10$577,0001,22489.1%
34 LAURELTON AVENUE2025-03$530,0001,268101.9%
33 DOGWOOD DRIVE2025-06$505,0001,18893.8%

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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 →