The Fair Share Report
40 Bates Rd
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 $642,515 – $790,321, from 12 comparable Jackson sales in the past 18 months, at this home's 2,368 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 $668,227 home should be assessed near $664,218.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $172,082 above what the ratio math suggests (25.9%).
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%136%
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 $2,385/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 326 JACKSON PINES ROAD | 2025-12 | $650,000 | 2,364 | 97.0% |
| 26 N BOSTON ROAD | 2025-11 | $850,000 | 2,310 | 93.0% |
| 4 CORINNE COURT | 2025-04 | $635,000 | 2,320 | 114.0% |
| 639 ELTONE ROAD | 2025-12 | $672,500 | 2,312 | 114.8% |
| 110 N HOPE CHAPEL ROAD | 2026-03 | $600,000 | 2,240 | 93.0% |
| 328 E PLEASANT GROVE ROAD | 2026-02 | $725,000 | 2,255 | 99.0% |
| 106 CANNON BOULEVARD | 2025-08 | $630,000 | 2,256 | 79.9% |
| 1068 TOMS RIVER ROAD | 2025-01 | $599,900 | 2,242 | 109.3% |
| 626 N COUNTY LINE ROAD | 2025-11 | $675,000 | 2,392 | 77.3% |
| 88 N NEW PROSPECT ROAD | 2025-08 | $990,000 | 2,316 | 72.5% |
| 253 DELAWARE TRAIL | 2025-07 | $800,000 | 2,397 | 97.4% |
| 823 BOWMAN ROAD | 2025-08 | $555,000 | 2,119 | 110.2% |
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