The Fair Share Report

336 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.

Step 1 · Market value

≈ $506,476

Likely range $483,028 – $751,531, from 12 comparable Jackson sales in the past 18 months, at this home's 1,964 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 $506,476 home should be assessed near $503,437.

Step 3 · Assessed value

$755,500

Set at the last town-wide revaluation and mostly frozen since. That's $252,063 above what the ratio math suggests (50.1%).

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

$11,280/yr
Public schools$6,361
Ocean County$2,606
Town of Jackson$2,313
Jackson average$9,047

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

Town median 97.2%
This home · 149.2%

76%162%

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 $3,494/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
100 HARVEY JONES DRIVE2025-11$773,0002,074105.0%
899 W VETERANS HIGHWAY2025-01$725,0001,82473.0%
152 BENNETTS MILLS ROAD2025-04$750,0001,96089.3%
225 N HOPE CHAPEL ROAD2025-04$920,0001,80068.4%
217 BROOKFIELD DRIVE2026-06$510,0002,094107.3%
141 BROOKFIELD DRIVE2026-05$535,0002,094104.4%
42 BROOKFIELD DRIVE2026-01$519,0002,094106.1%
137 BROOKFIELD DRIVE2025-09$525,0002,09499.5%
105 BROOKFIELD DRIVE2025-06$515,0002,094106.8%
139 BROOKFIELD DRIVE2025-04$490,0002,094105.3%
480 CASSVILLE ROAD2025-01$759,0002,100100.7%
88 BROOKFIELD DRIVE2026-06$535,0001,82894.9%

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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 →