The Fair Share Report

449 Harmony 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

≈ $624,219

Likely range $560,558 – $717,512, 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 $624,219 home should be assessed near $620,474.

Step 3 · Assessed value

$650,400

Set at the last town-wide revaluation and mostly frozen since. That's $29,926 above what the ratio math suggests (4.8%).

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

$9,405/yr
Public schools$5,303
Ocean County$2,173
Town of Jackson$1,928
Jackson average$9,047

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

Town median 97.2%
This home · 104.2%

76%121%

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)

AddressSoldPriceSq ftRatio
47 E PLEASANT GROVE ROAD2025-09$550,0002,138105.2%
529 FRANK APPLEGATE ROAD2025-01$580,0002,134103.1%
88 N NEW PROSPECT ROAD2025-08$990,0002,31672.5%
12 SOUTHFORK DRIVE2026-05$675,0002,03594.0%
6 HARMONY HILL COURT2025-07$658,0002,240103.6%
370 NEW CENTRAL AVENUE2026-03$1,000,0002,08078.5%
823 BOWMAN ROAD2025-08$555,0002,119110.2%
1068 TOMS RIVER ROAD2025-01$599,9002,242109.3%
328 E PLEASANT GROVE ROAD2026-02$725,0002,25599.0%
110 N HOPE CHAPEL ROAD2026-03$600,0002,24093.0%
639 ELTONE ROAD2025-12$672,5002,312114.8%
301 JACKSON MILLS ROAD2025-07$670,0002,262110.1%

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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 →