The Fair Share Report
4 Cedarview Ave
Jackson, NJ 08701
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
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This home's payments are about right
It sits inside Jackson's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $861,649 – $1,531,541, 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 $1,138,526 home should be assessed near $1,131,695.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,905 above what the ratio math suggests (3.8%).
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
71%142%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 MALIBU COURT | 2025-10 | $1,390,000 | 4,041 | 89.8% |
| 4 RODEO DRIVE | 2026-01 | $1,450,000 | 4,191 | 94.4% |
| 5 NORMANDY DRIVE | 2026-03 | $1,075,000 | 3,956 | 97.6% |
| 3 CANTERBURY COURT | 2025-11 | $900,000 | 4,204 | 111.5% |
| 10 BRIDLE COURT | 2026-01 | $1,550,000 | 4,041 | 80.4% |
| 322 WELLINGTON COURT | 2026-05 | $850,000 | 3,958 | 109.4% |
| 2 ROUND HILL ROAD | 2026-01 | $1,400,000 | 3,754 | 78.5% |
| 40 WOODS EDGE DRIVE | 2026-01 | $1,075,000 | 4,123 | 87.5% |
| 12 CONOR ROAD | 2025-12 | $999,999 | 3,920 | 108.8% |
| 9 NANCY COURT | 2025-02 | $770,000 | 4,282 | 123.5% |
| 15 MEADOW RUN COURT | 2025-12 | $1,200,000 | 4,314 | 111.0% |
| 5 RUTHERFORD COURT | 2025-04 | $870,000 | 3,960 | 133.4% |
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