The Fair Share Report
492 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $721,162 – $924,133, from 12 comparable Jackson sales in the past 18 months, at this home's 2,728 sq ft.
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 $848,523 home should be assessed near $843,432.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $97,368 above what the ratio math suggests (11.5%).
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%136%
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 $1,350/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 CREST ROAD | 2025-10 | $800,000 | 2,717 | 110.3% |
| 8 DANIELLE COURT | 2025-04 | $1,470,000 | 2,688 | 80.8% |
| 9 GALASSI COURT | 2025-05 | $1,151,000 | 2,794 | 85.0% |
| 492 BURKE ROAD | 2025-05 | $610,000 | 2,664 | 118.2% |
| 4 HEATHWOOD AVENUE | 2025-06 | $755,000 | 2,856 | 117.4% |
| 5 OVERLOOK DRIVE | 2026-02 | $989,800 | 2,672 | 86.0% |
| 2 W DICKENS COURT | 2025-02 | $940,000 | 2,788 | 94.0% |
| 19 GROVER COURT | 2025-07 | $840,000 | 2,820 | 97.4% |
| 12 CEDAR COURT | 2026-01 | $895,000 | 2,642 | 87.3% |
| 303 WELLINGTON COURT | 2025-07 | $875,000 | 2,762 | 89.5% |
| 8 CREST ROAD | 2025-06 | $685,000 | 2,628 | 91.4% |
| 4 CARROLL COURT | 2025-08 | $785,000 | 2,686 | 101.1% |
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