The Fair Share Report

4 Bear Trl

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

≈ $930,655

Likely range $886,306 – $1,001,241, from 12 comparable Jackson sales in the past 18 months, at this home's 3,127 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 $930,655 home should be assessed near $925,071.

Step 3 · Assessed value

$1,523,900

Set at the last town-wide revaluation and mostly frozen since. That's $598,829 above what the ratio math suggests (64.7%).

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

$21,984/yr
Public schools$12,396
Ocean County$5,079
Town of Jackson$4,508
Jackson average$9,047

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

Town median 97.2%
This home · 163.7%

76%177%

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 $8,300/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
52 MANHATTAN STREET2025-02$999,0003,12089.6%
122 ADAMS WAY2025-06$939,3003,116103.9%
10 KINDLING WAY2025-10$900,0003,10895.2%
7 TOPAZ DRIVE2025-09$925,0003,085108.6%
1024 AUMACK ROAD2025-10$925,0003,16097.9%
1 CALENDULA COURT2025-10$1,250,0003,08180.6%
33 BRIDGEWATER COURT2025-06$1,275,0003,23482.7%
65 MILL POND ROAD2025-10$900,0003,151121.7%
23 AMBASSADOR WAY2026-06$915,5003,23099.6%
6 CANTERBURY COURT2025-08$999,0003,03797.5%
6 TALL OAKS DRIVE2025-03$830,0002,98498.5%
23 WOODS EDGE DRIVE2025-01$862,0003,053116.1%

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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 →