The Fair Share Report
40 Pinecrest Ave
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 $850,848 – $1,060,500, 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 $950,235 home should be assessed near $944,534.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $220,834 below what the ratio math suggests (23.4%).
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
63%118%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jackson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 CARLSON COURT | 2025-07 | $855,000 | 2,526 | 99.8% |
| 554 S COOKS BRIDGE ROAD | 2025-03 | $735,000 | 2,688 | 95.2% |
| 1 WENDY COURT | 2026-04 | $937,000 | 2,505 | 80.1% |
| 5 PALAMINO DRIVE | 2025-03 | $999,000 | 2,701 | 103.4% |
| 30 WENDY COURT | 2026-06 | $950,000 | 2,806 | 101.7% |
| 6 HIGHLAND DRIVE | 2025-06 | $920,000 | 2,453 | 100.4% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 23 SUMMERHILL AVENUE | 2026-05 | $1,150,000 | 2,471 | 78.7% |
| 24 TEAKWOOD DRIVE | 2025-03 | $900,000 | 2,580 | 92.1% |
| 15 E SCARLET OAK COURT | 2026-03 | $999,999 | 2,753 | 94.6% |
| 12 ARBORETUM DRIVE | 2026-05 | $1,485,000 | 2,818 | 67.7% |
| 7 HIGHLAND DRIVE | 2025-06 | $970,000 | 2,427 | 92.3% |
Is this your house?
Run your own report →