The Fair Share Report
4 Springbrook Dr
Jackson, NJ 08701
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 $838,311 – $951,100, from 12 comparable Jackson sales in the past 18 months, at this home's 2,343 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 $892,219 home should be assessed near $886,866.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,834 above what the ratio math suggests (8.9%).
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%121%
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 $1,093/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 494 MATTHEWS LANE | 2026-04 | $840,000 | 2,273 | 89.5% |
| 10 ARBORETUM DRIVE | 2025-10 | $920,000 | 2,320 | 89.0% |
| 23 SUMMERHILL AVENUE | 2026-05 | $1,150,000 | 2,471 | 78.7% |
| 5 CARLSON COURT | 2025-07 | $855,000 | 2,526 | 99.8% |
| 38 TEAKWOOD DRIVE | 2025-04 | $910,000 | 2,394 | 87.3% |
| 7 HIGHLAND DRIVE | 2025-06 | $970,000 | 2,427 | 92.3% |
| 62 BROOKFIELD DRIVE | 2025-02 | $549,000 | 2,239 | 104.3% |
| 6 HIGHLAND DRIVE | 2025-06 | $920,000 | 2,453 | 100.4% |
| 18 SUMMERHILL AVENUE | 2025-11 | $1,075,000 | 2,320 | 78.3% |
| 34 TEAKWOOD DRIVE | 2025-09 | $915,000 | 2,378 | 90.6% |
| 6 CROSS FARMS ROAD | 2025-08 | $845,000 | 2,219 | 102.3% |
| 5 KNIGHTSBRIDGE PLACE | 2025-07 | $999,999 | 2,423 | 105.8% |
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