The Fair Share Report
505 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 $519,927 – $734,179, 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 $543,431 home should be assessed near $540,170.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,530 above what the ratio math suggests (16.2%).
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%126%
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 |
|---|---|---|---|---|
| 217 BROOKFIELD DRIVE | 2026-06 | $510,000 | 2,094 | 107.3% |
| 141 BROOKFIELD DRIVE | 2026-05 | $535,000 | 2,094 | 104.4% |
| 42 BROOKFIELD DRIVE | 2026-01 | $519,000 | 2,094 | 106.1% |
| 137 BROOKFIELD DRIVE | 2025-09 | $525,000 | 2,094 | 99.5% |
| 105 BROOKFIELD DRIVE | 2025-06 | $515,000 | 2,094 | 106.8% |
| 139 BROOKFIELD DRIVE | 2025-04 | $490,000 | 2,094 | 105.3% |
| 45 BROOKFIELD DRIVE | 2025-07 | $540,000 | 2,094 | 97.1% |
| 10 ARBORETUM DRIVE | 2025-10 | $920,000 | 2,320 | 89.0% |
| 114 BROOKFIELD DRIVE | 2025-10 | $530,000 | 2,094 | 104.5% |
| 6 CROSS FARMS ROAD | 2025-08 | $845,000 | 2,219 | 102.3% |
| 159 DOCARE ROAD | 2025-07 | $625,000 | 1,976 | 100.2% |
| 62 BROOKFIELD DRIVE | 2025-02 | $549,000 | 2,239 | 104.3% |
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