The Fair Share Report

5 Wolverton 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.

Step 1 · Market value

≈ $489,381

Likely range $453,939 – $531,915, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $489,381 home should be assessed near $486,445.

Step 3 · Assessed value

$498,500

Set at the last town-wide revaluation and mostly frozen since. That's $12,055 above what the ratio math suggests (2.5%).

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

$7,208/yr
Public schools$4,065
Ocean County$1,665
Town of Jackson$1,478
Jackson average$9,047

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

Town median 97.2%
This home · 101.9%

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)

AddressSoldPriceSq ftRatio
88 BROOKFIELD DRIVE2026-06$535,0001,82894.9%
127 BROOKFIELD DRIVE2025-01$427,5001,828107.5%
5 ELMSWELL COURT2025-04$545,0001,97990.2%
12 ARLINGTON WAY2025-04$628,0002,00789.7%
42 PEMBROKE DRIVE2026-05$495,0001,849116.3%
224 BROOKFIELD DRIVE2026-01$455,0001,792102.4%
284 BROOKFIELD DRIVE2025-10$408,0001,79297.0%
293 BROOKFIELD DRIVE2025-06$470,0001,79299.9%
8 INVERNESS LANE2025-10$480,0001,842105.3%
8 CROMWELL LANE2025-06$540,9001,92994.7%
35 MUIRFIELD ROAD2026-04$555,0001,98191.5%
32 WALTHAM WAY2026-01$480,0001,965114.5%

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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 →