The Fair Share Report
5 Mitchell Ct
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 $721,156 – $993,869, 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 $828,137 home should be assessed near $823,168.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $135,432 above what the ratio math suggests (16.5%).
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%138%
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 |
|---|---|---|---|---|
| 33 BROOKFIELD DRIVE | 2025-05 | $520,000 | 2,822 | 104.9% |
| 657 TOMS RIVER ROAD | 2025-07 | $690,000 | 2,674 | 115.2% |
| 16 GOLDFINCH ROAD | 2026-06 | $765,000 | 2,461 | 95.7% |
| 43 COTTONWOOD DRIVE | 2025-04 | $800,000 | 2,731 | 111.2% |
| 13 MILLS LANE | 2025-07 | $780,000 | 2,890 | 111.3% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 20 GOLDFINCH ROAD | 2026-03 | $750,000 | 2,582 | 100.2% |
| 34 GOLDFINCH ROAD | 2025-04 | $959,000 | 2,736 | 92.8% |
| 4 ABIGAIL COURT | 2026-02 | $850,000 | 2,410 | 117.1% |
| 115 LEESVILLE ROAD | 2025-09 | $590,000 | 2,770 | 124.0% |
| 26 GOLDFINCH ROAD | 2025-06 | $980,000 | 2,710 | 90.7% |
| 7 MEADOWLARK COURT | 2026-03 | $800,000 | 2,348 | 95.7% |
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