The Fair Share Report
406 Geranium Ct
Jackson, NJ 07727
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 $291,402 – $347,460, 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 $332,391 home should be assessed near $330,397.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,797 below what the ratio math suggests (6.9%).
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%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 |
|---|---|---|---|---|
| 120 JOAN COURT | 2025-12 | $300,000 | 1,130 | 106.2% |
| 1101 FERN COURT | 2026-06 | $331,500 | 1,072 | 94.9% |
| 601 BROMELIA COURT | 2026-04 | $319,900 | 1,072 | 94.0% |
| 1201 BLUEBELL DRIVE | 2026-04 | $335,000 | 1,072 | 96.2% |
| 807 BEGONIA COURT | 2026-03 | $319,000 | 1,072 | 91.0% |
| 205 BLUEBELL DRIVE | 2026-03 | $339,000 | 1,072 | 90.6% |
| 1006 CALLAS COURT | 2026-02 | $280,000 | 1,072 | 107.7% |
| 131 ASTER COURT | 2026-01 | $325,000 | 1,072 | 96.8% |
| 1007 POPPY PLACE | 2025-11 | $315,000 | 1,072 | 92.2% |
| 1400 DAHLIA COURT | 2025-10 | $367,000 | 1,072 | 79.5% |
| 112 AZALEA CIRCLE | 2025-08 | $285,000 | 1,072 | 110.3% |
| 905 VIOLET LANE | 2025-06 | $289,900 | 1,072 | 106.4% |
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