The Fair Share Report
4 Gorham Ct
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 $592,363 – $660,036, 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 $631,498 home should be assessed near $627,709.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,891 above what the ratio math suggests (8.4%).
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%120%
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 $733/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 45 SPENCER DRIVE | 2025-08 | $535,000 | 2,410 | 124.8% |
| 15 WOOTEN COURT | 2025-07 | $612,500 | 2,520 | 99.8% |
| 17 BLACKMOOR DRIVE | 2025-12 | $615,000 | 2,537 | 89.1% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 15 NOTTINGHAM WAY | 2025-10 | $667,000 | 2,486 | 92.3% |
| 115 GABLES WAY | 2025-04 | $622,000 | 2,345 | 97.5% |
| 38 VICTORIA CIRCLE | 2025-12 | $1,205,000 | 2,451 | 82.8% |
| 22 BROOKFIELD DRIVE | 2025-09 | $575,000 | 2,239 | 98.8% |
| 20 BROOKFIELD DRIVE | 2025-05 | $562,000 | 2,239 | 100.0% |
| 10 BROOKFIELD DRIVE | 2025-03 | $555,000 | 2,239 | 104.1% |
| 51 COLCHESTER DRIVE | 2025-11 | $630,000 | 2,357 | 98.8% |
| 86 WILD DUNES WAY | 2025-09 | $610,000 | 2,286 | 93.9% |
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