The Fair Share Report
5 Timber 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 $563,277 – $686,085, 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 $608,110 home should be assessed near $604,461.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,861 below what the ratio math suggests (1.6%).
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%118%
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 |
|---|---|---|---|---|
| 4 SALEM LANE | 2026-03 | $609,000 | 1,723 | 77.0% |
| 6 UPPER PENNSYLVANIA AVE | 2025-12 | $635,500 | 1,652 | 93.8% |
| 17 YORKSHIRE DRIVE | 2025-08 | $600,000 | 1,722 | 90.3% |
| 34 CAMBRIDGE DRIVE | 2025-07 | $645,000 | 1,671 | 83.7% |
| 11 DOVER STREET | 2025-06 | $655,000 | 1,598 | 81.2% |
| 96 SUSAN DRIVE | 2025-03 | $580,000 | 1,732 | 87.4% |
| 4 YORKSHIRE DRIVE | 2025-05 | $669,000 | 1,746 | 82.5% |
| 5 NEW CASTLE COURT | 2026-03 | $715,000 | 1,756 | 80.9% |
| 5 NEW CASTLE COURT | 2025-10 | $529,900 | 1,756 | 109.2% |
| 35 CAMBRIDGE DRIVE | 2025-01 | $640,000 | 1,746 | 78.6% |
| 7 SALEM LANE | 2025-09 | $623,000 | 1,720 | 84.9% |
| 3 WESTMINSTER DRIVE | 2025-04 | $729,000 | 1,776 | 79.1% |
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