The Fair Share Report
4 Rapids 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 $887,591 – $1,317,328, 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 $929,955 home should be assessed near $924,375.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,025 above what the ratio math suggests (0.7%).
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
65%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 |
|---|---|---|---|---|
| 1 CALENDULA COURT | 2025-10 | $1,250,000 | 3,081 | 80.6% |
| 7 TOPAZ DRIVE | 2025-09 | $925,000 | 3,085 | 108.6% |
| 23 WOODS EDGE DRIVE | 2025-01 | $862,000 | 3,053 | 116.1% |
| 122 ADAMS WAY | 2025-06 | $939,300 | 3,116 | 103.9% |
| 6 MEADOW RUN COURT | 2026-02 | $1,311,500 | 3,199 | 95.9% |
| 52 MANHATTAN STREET | 2025-02 | $999,000 | 3,120 | 89.6% |
| 1024 AUMACK ROAD | 2025-10 | $925,000 | 3,160 | 97.9% |
| 10 KINDLING WAY | 2025-10 | $900,000 | 3,108 | 95.2% |
| 6 CANTERBURY COURT | 2025-08 | $999,000 | 3,037 | 97.5% |
| 9 MEADOW RUN COURT | 2025-11 | $1,270,000 | 2,955 | 95.1% |
| 33 HAMPSHIRE BOULEVARD | 2025-11 | $1,425,000 | 2,983 | 82.1% |
| 5 SONG BIRD COURT | 2025-08 | $865,000 | 2,960 | 110.0% |
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