The Fair Share Report
357 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.
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Step 1 · Market value
Likely range $535,698 – $870,640, 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 $662,803 home should be assessed near $658,826.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,974 above what the ratio math suggests (12.9%).
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%144%
Paying about right
This home's ratio lands inside Jackson's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 200 CASSVILLE ROAD | 2025-01 | $445,000 | 2,446 | 121.9% |
| 840 FARMINGDALE ROAD | 2025-08 | $518,000 | 2,146 | 135.5% |
| 176 FRANK APPLEGATE ROAD | 2025-11 | $620,000 | 2,166 | 123.8% |
| 179 FARMERS LANE | 2026-01 | $820,000 | 2,010 | 79.1% |
| 22 STURM LANE | 2025-10 | $575,000 | 1,671 | 106.0% |
| 62 WHITESVILLE ROAD | 2026-04 | $808,000 | 2,275 | 58.0% |
| 620 N COUNTY LINE ROAD | 2026-01 | $1,200,000 | 1,732 | 51.6% |
| 210 LENAPE TRAIL | 2025-11 | $565,000 | 2,158 | 110.1% |
| 301 CLEARSTREAM ROAD | 2025-03 | $750,000 | 2,134 | 96.5% |
| 538 FRANK APPLEGATE ROAD | 2026-01 | $920,000 | 2,174 | 73.0% |
| 1338 W VETERANS HIGHWAY | 2025-07 | $639,000 | 2,182 | 105.4% |
| 515 W VETERANS HIGHWAY | 2025-01 | $860,000 | 1,536 | 60.9% |
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