The Fair Share Report
500 Declaration Ln
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 $560,285 – $847,607, 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 $705,572 home should be assessed near $701,339.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $151,539 below what the ratio math suggests (21.6%).
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
59%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 |
|---|---|---|---|---|
| 2 PRINCETON DRIVE | 2025-12 | $855,000 | 2,000 | 94.9% |
| 11 HONEYSUCKLE LANE | 2025-11 | $580,000 | 1,988 | 96.1% |
| 12 CHELSEA ROAD | 2025-04 | $785,000 | 2,025 | 74.7% |
| 13 RHODE ISLAND DRIVE | 2025-10 | $830,000 | 1,988 | 92.0% |
| 11 MURDOCK PLACE | 2026-02 | $630,000 | 2,006 | 90.8% |
| 34 BIRMINGHAM DRIVE | 2026-01 | $745,000 | 1,976 | 84.9% |
| 11 S LAKEVIEW DRIVE | 2025-04 | $508,500 | 2,080 | 103.4% |
| 90 E CONNECTICUT CONCOURS | 2026-06 | $671,500 | 1,892 | 86.4% |
| 90 E CONNECTICUT CONCOURS | 2025-12 | $651,000 | 1,892 | 89.1% |
| 14 CAMBRIDGE DRIVE | 2025-10 | $560,000 | 2,064 | 95.5% |
| 7 BUCKINGHAM DRIVE | 2025-04 | $797,500 | 1,924 | 82.8% |
| 102 BUCKINGHAM DRIVE | 2025-10 | $725,000 | 1,740 | 80.7% |
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