The Fair Share Report

446 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.

Step 1 · Market value

≈ $829,121

Likely range $786,982 – $974,136, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.40%

The state's official measure of how far Jackson assessments sit below market value — republished every October, applied town-wide. A $829,121 home should be assessed near $824,146.

Step 3 · Assessed value

$1,063,300

Set at the last town-wide revaluation and mostly frozen since. That's $239,154 above what the ratio math suggests (29.0%).

Step 4 · The tax rate — same for every Jackson home

$1.386 per $100 assessed

$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%

Step 5 · The bill

$15,875/yr
Public schools$8,952
Ocean County$3,668
Town of Jackson$3,255
Jackson average$9,047

This home vs. every recent Jackson sale · assessed ÷ market

Town median 97.2%
This home · 128.2%

76%141%

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 $3,315/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
657 TOMS RIVER ROAD2025-07$690,0002,674115.2%
30 CRANBERRY COURT2025-06$1,225,0003,35689.7%
13 MILLS LANE2025-07$780,0002,890111.3%
33 BROOKFIELD DRIVE2025-05$520,0002,822104.9%
1041 AUMACK ROAD2026-05$873,0003,280109.2%
43 COTTONWOOD DRIVE2025-04$800,0002,731111.2%
240 BUTTERFLY ROAD2025-08$960,0003,646104.3%
12 JEFFERSON COURT2026-04$1,300,0003,73493.1%
16 GOLDFINCH ROAD2026-06$765,0002,46195.7%
115 LEESVILLE ROAD2025-09$590,0002,770124.0%
12 FOUNTAIN VIEW DR WEST2025-03$1,115,0003,636102.1%
9 SARAH COURT2025-08$900,0003,118114.2%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →