The Fair Share Report

486 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

≈ $788,405

Likely range $654,591 – $887,827, 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 $788,405 home should be assessed near $783,675.

Step 3 · Assessed value

$844,500

Set at the last town-wide revaluation and mostly frozen since. That's $60,825 above what the ratio math suggests (7.8%).

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

$12,608/yr
Public schools$7,110
Ocean County$2,913
Town of Jackson$2,585
Jackson average$9,047

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

Town median 97.2%
This home · 107.1%

76%134%

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
508 BENNETTS MILLS ROAD2025-04$600,0002,607113.7%
14 BITTERSWEET DRIVE2026-06$800,0002,57297.7%
12 CEDAR COURT2026-01$895,0002,64287.3%
492 BURKE ROAD2025-05$610,0002,664118.2%
17 ELANA DRIVE2026-02$702,5002,52897.5%
8 BITTERSWEET DRIVE2025-05$830,0002,59699.1%
8 CREST ROAD2025-06$685,0002,62891.4%
11 DANIELLE COURT2025-02$999,0002,532120.4%
8 DANIELLE COURT2025-04$1,470,0002,68880.8%
3 SOUTHFORK DRIVE2025-06$749,0002,45289.1%
2 AFTON ROAD2026-03$700,0002,826126.1%
602 SYMPHONY COURT2025-05$850,0002,56287.4%

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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 →