The Fair Share Report

5 Springbrook Dr

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

≈ $559,783

Likely range $538,856 – $796,911, from 12 comparable Jackson sales in the past 18 months, at this home's 2,191 sq ft.

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 $559,783 home should be assessed near $556,424.

Step 3 · Assessed value

$959,000

Set at the last town-wide revaluation and mostly frozen since. That's $402,576 above what the ratio math suggests (72.4%).

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

$14,318/yr
Public schools$8,074
Ocean County$3,308
Town of Jackson$2,936
Jackson average$9,047

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

Town median 97.2%
This home · 171.3%

76%183%

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 $5,580/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
296 WHITE ROAD2026-06$865,0002,22780.6%
1 SUNBIRD COURT2025-04$825,0002,19681.3%
32 OLIVIA WAY2025-01$790,0002,17289.4%
62 BROOKFIELD DRIVE2025-02$549,0002,239104.3%
406 BURKE ROAD2026-05$647,0002,210103.0%
1 MAESTRO COURT2025-07$819,9002,25784.7%
3 STACY COURT2025-06$916,1002,27274.2%
217 BROOKFIELD DRIVE2026-06$510,0002,094107.3%
141 BROOKFIELD DRIVE2026-05$535,0002,094104.4%
42 BROOKFIELD DRIVE2026-01$519,0002,094106.1%
137 BROOKFIELD DRIVE2025-09$525,0002,09499.5%
105 BROOKFIELD DRIVE2025-06$515,0002,094106.8%

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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 →