The Fair Share Report
35 Bates 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 $621,809 – $744,929, 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 $671,513 home should be assessed near $667,484.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $99,216 above what the ratio math suggests (14.9%).
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%129%
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 $1,375/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 639 ELTONE ROAD | 2025-12 | $672,500 | 2,312 | 114.8% |
| 4 CORINNE COURT | 2025-04 | $635,000 | 2,320 | 114.0% |
| 328 E PLEASANT GROVE ROAD | 2026-02 | $725,000 | 2,255 | 99.0% |
| 6 HARMONY HILL COURT | 2025-07 | $658,000 | 2,240 | 103.6% |
| 88 N NEW PROSPECT ROAD | 2025-08 | $990,000 | 2,316 | 72.5% |
| 110 N HOPE CHAPEL ROAD | 2026-03 | $600,000 | 2,240 | 93.0% |
| 26 N BOSTON ROAD | 2025-11 | $850,000 | 2,310 | 93.0% |
| 301 JACKSON MILLS ROAD | 2025-07 | $670,000 | 2,262 | 110.1% |
| 205 FRANK APPLEGATE RD | 2026-06 | $690,000 | 2,261 | 105.1% |
| 326 JACKSON PINES ROAD | 2025-12 | $650,000 | 2,364 | 97.0% |
| 718 E VETERANS HIGHWAY | 2025-11 | $620,000 | 2,248 | 96.1% |
| 106 CANNON BOULEVARD | 2025-08 | $630,000 | 2,256 | 79.9% |
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