The Fair Share Report
342 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 $714,833 – $887,501, 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 $820,875 home should be assessed near $815,950.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $116,450 above what the ratio math suggests (14.3%).
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%136%
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 $1,614/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 657 TOMS RIVER ROAD | 2025-07 | $690,000 | 2,674 | 115.2% |
| 33 BROOKFIELD DRIVE | 2025-05 | $520,000 | 2,822 | 104.9% |
| 43 COTTONWOOD DRIVE | 2025-04 | $800,000 | 2,731 | 111.2% |
| 13 MILLS LANE | 2025-07 | $780,000 | 2,890 | 111.3% |
| 16 GOLDFINCH ROAD | 2026-06 | $765,000 | 2,461 | 95.7% |
| 115 LEESVILLE ROAD | 2025-09 | $590,000 | 2,770 | 124.0% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 20 GOLDFINCH ROAD | 2026-03 | $750,000 | 2,582 | 100.2% |
| 34 GOLDFINCH ROAD | 2025-04 | $959,000 | 2,736 | 92.8% |
| 31 COTTONWOOD DRIVE | 2026-05 | $805,000 | 2,551 | 96.4% |
| 4 ABIGAIL COURT | 2026-02 | $850,000 | 2,410 | 117.1% |
| 235 LEESVILLE ROAD | 2025-12 | $750,000 | 2,695 | 117.3% |
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