The Fair Share Report
313 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 $345,104 – $546,444, 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 $505,259 home should be assessed near $502,227.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $178,773 above what the ratio math suggests (35.6%).
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%203%
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 $2,478/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 651 N COUNTY LINE ROAD | 2025-01 | $535,000 | 1,736 | 114.2% |
| 278 METEDECONK TRAIL | 2025-06 | $490,000 | 1,702 | 133.4% |
| 26 W VETERANS HIGHWAY | 2025-12 | $400,000 | 1,704 | 151.1% |
| 947 CHARLES STREET | 2025-06 | $506,000 | 1,698 | 102.9% |
| 277 METEDECONK TRAIL | 2025-12 | $580,000 | 1,804 | 117.7% |
| 84 WILLOW DRIVE | 2026-03 | $528,200 | 1,656 | 113.9% |
| 407 CEDAR SWAMP ROAD | 2025-02 | $530,000 | 1,799 | 106.0% |
| 589 FREEHOLD ROAD | 2026-03 | $589,000 | 1,584 | 98.9% |
| 307 SAGE COURT | 2026-03 | $355,000 | 1,751 | 98.6% |
| 201 BEGONIA COURT | 2026-01 | $375,000 | 1,751 | 93.3% |
| 1803 LILLY LANE | 2025-10 | $357,000 | 1,751 | 98.0% |
| 209 BEGONIA COURT | 2025-08 | $347,500 | 1,751 | 107.5% |
Is this your house?
Run your own report →