The Fair Share Report

5 Trinity Pl

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

≈ $515,202

Likely range $442,082 – $540,590, from 12 comparable Jackson sales in the past 18 months, at this home's 1,212 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 $515,202 home should be assessed near $512,111.

Step 3 · Assessed value

$569,000

Set at the last town-wide revaluation and mostly frozen since. That's $56,889 above what the ratio math suggests (11.1%).

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

$8,495/yr
Public schools$4,790
Ocean County$1,963
Town of Jackson$1,742
Jackson average$9,047

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

Town median 97.2%
This home · 110.4%

76%134%

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 $788/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
5 PENNSYLVANIA AVENUE2025-10$577,0001,22489.1%
33 DOGWOOD DRIVE2025-06$505,0001,18893.8%
20 DOGWOOD DRIVE2025-07$500,0001,14698.7%
3 BLUE SPRUCE DRIVE2025-11$305,0001,088129.9%
46 LAURELTON AVENUE2025-01$450,0001,056110.6%
16 BLUE SPRUCE DRIVE2026-03$445,0001,220102.9%
68 S COOKS BRIDGE ROAD2025-08$430,0001,27698.3%
34 LAURELTON AVENUE2025-03$530,0001,268101.9%
15 VERMONT AVENUE2025-07$562,0001,26092.5%
6 TRINITY PLACE2026-01$575,0001,428111.0%
98 BUCKINGHAM DRIVE2025-01$530,0001,21097.1%
17 AFTON ROAD2025-05$390,0001,19298.8%

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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 →