The Fair Share Report
4 Iris 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 $565,000 – $727,624, from 12 comparable Jackson sales in the past 18 months, at this home's 1,718 sq ft.
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 $615,867 home should be assessed near $612,172.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,072 below what the ratio math suggests (10.0%).
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
70%118%
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 |
|---|---|---|---|---|
| 7 HAWAII ROAD | 2025-06 | $765,000 | 1,700 | 85.1% |
| 1 CITADEL COURT | 2025-11 | $565,000 | 1,718 | 86.0% |
| 7 CITADEL COURT | 2026-01 | $645,000 | 1,718 | 87.8% |
| 20 FORDHAM ROAD | 2025-03 | $720,000 | 1,700 | 91.2% |
| 12 NEW HAMPSHIRE STREET | 2025-04 | $801,000 | 1,716 | 77.5% |
| 112 MANHATTAN STREET | 2025-12 | $595,000 | 1,712 | 85.9% |
| 112 MANHATTAN STREET | 2025-05 | $390,000 | 1,712 | 131.1% |
| 5 ATLANTA DRIVE | 2025-05 | $645,000 | 1,718 | 88.1% |
| 37 BRYANT DRIVE | 2025-01 | $542,500 | 1,676 | 112.3% |
| 13 W CONNECTICUT CONCOURS | 2025-03 | $575,000 | 1,604 | 96.9% |
| 16 VERMONT AVENUE | 2025-09 | $775,000 | 1,700 | 83.1% |
| 123 SUSAN DRIVE | 2025-11 | $545,000 | 1,632 | 92.7% |
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