The Fair Share Report
312 Clearstream 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,166,530 – $1,441,472, 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 $1,285,907 home should be assessed near $1,278,192.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $172,108 above what the ratio math suggests (13.5%).
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%130%
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 $2,385/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 AMETHYST WAY | 2025-06 | $1,100,000 | 4,441 | 101.0% |
| 15 LAKESIDE DRIVE | 2026-06 | $1,150,000 | 4,386 | 107.6% |
| 7 NORTH POINTE DRIVE | 2026-05 | $1,150,000 | 4,398 | 124.4% |
| 2 WOODS EDGE DRIVE | 2026-05 | $985,000 | 5,454 | 121.8% |
| 10 MEADOW RUN COURT | 2025-04 | $1,365,000 | 4,590 | 108.6% |
| 5 CORTELYOU ROAD | 2026-02 | $1,200,000 | 4,456 | 93.8% |
| 8 CALENDULA COURT | 2025-06 | $1,275,000 | 4,087 | 98.2% |
| 111 WISEMAN ROAD | 2025-04 | $1,125,000 | 5,245 | 133.9% |
| 457 S COOKS BRIDGE ROAD | 2026-05 | $1,310,000 | 4,144 | 84.0% |
| 2 MICHAEL COURT | 2026-05 | $1,235,000 | 4,417 | 82.6% |
| 3 MALIBU COURT | 2025-08 | $1,230,000 | 4,978 | 112.9% |
| 8 COLTS COURT | 2025-06 | $1,610,000 | 3,884 | 81.0% |
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