The Fair Share Report
369 Brookfield Dr
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 $328,018 – $386,413, 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 $367,660 home should be assessed near $365,454.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,446 above what the ratio math suggests (13.3%).
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%132%
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 $671/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 182 BROOKFIELD DRIVE | 2025-11 | $380,000 | 1,378 | 100.0% |
| 19 DEXTER LANE | 2025-07 | $381,000 | 1,434 | 90.0% |
| 39 DOWING LANE | 2026-01 | $355,000 | 1,456 | 97.2% |
| 4 PENNY LANE | 2026-02 | $397,500 | 1,458 | 90.6% |
| 8 PENNY LANE | 2025-05 | $350,000 | 1,458 | 94.2% |
| 8 N BAKER DRIVE | 2025-11 | $387,500 | 1,469 | 90.9% |
| 3 ARTHUR COURT | 2025-03 | $345,000 | 1,457 | 103.1% |
| 3 HARVARD WEST DRIVE | 2025-06 | $550,000 | 1,450 | 104.8% |
| 14 PENNY LANE | 2026-03 | $439,900 | 1,487 | 75.7% |
| 14 PENNY LANE | 2025-12 | $315,000 | 1,487 | 105.8% |
| 70 CROMWELL LANE | 2026-04 | $405,000 | 1,551 | 107.8% |
| 6 RUMFORD COURT | 2025-08 | $335,000 | 1,456 | 103.5% |
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