The Fair Share Report
428 Clearstream 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.
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Step 1 · Market value
Likely range $582,821 – $813,812, 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 $723,887 home should be assessed near $719,544.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,644 below what the ratio math suggests (9.8%).
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
74%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 |
|---|---|---|---|---|
| 90 E CONNECTICUT CONCOURS | 2026-06 | $671,500 | 1,892 | 86.4% |
| 90 E CONNECTICUT CONCOURS | 2025-12 | $651,000 | 1,892 | 89.1% |
| 2 PRINCETON DRIVE | 2025-12 | $855,000 | 2,000 | 94.9% |
| 11 HONEYSUCKLE LANE | 2025-11 | $580,000 | 1,988 | 96.1% |
| 12 CHELSEA ROAD | 2025-04 | $785,000 | 2,025 | 74.7% |
| 1272 ALDRICH ROAD | 2025-11 | $515,000 | 1,908 | 103.9% |
| 13 DUNBARTON ROAD | 2026-03 | $817,000 | 2,038 | 86.8% |
| 34 BIRMINGHAM DRIVE | 2026-01 | $745,000 | 1,976 | 84.9% |
| 7 BUCKINGHAM DRIVE | 2025-04 | $797,500 | 1,924 | 82.8% |
| 58 CLARIDGE DRIVE | 2025-04 | $915,000 | 1,940 | 71.6% |
| 56 WALTER DRIVE | 2025-09 | $575,000 | 1,834 | 80.6% |
| 29 BUCKINGHAM DRIVE | 2025-05 | $805,000 | 1,872 | 73.5% |
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