The Fair Share Report
516 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 $413,866 – $661,886, from 12 comparable Jackson sales in the past 18 months, at this home's 1,980 sq ft.
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 $572,727 home should be assessed near $569,291.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $134,009 above what the ratio math suggests (23.5%).
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%175%
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 $1,857/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 454 HYSON ROAD | 2026-06 | $816,000 | 1,864 | 61.1% |
| 179 FARMERS LANE | 2026-01 | $820,000 | 2,010 | 79.1% |
| 14 RUE MONET | 2025-09 | $675,000 | 2,103 | 93.8% |
| 177 CEDAR SWAMP ROAD | 2026-06 | $585,000 | 1,750 | 80.5% |
| 541 FRANK APPLEGATE ROAD | 2026-05 | $560,000 | 1,996 | 103.6% |
| 407 CEDAR SWAMP ROAD | 2025-02 | $530,000 | 1,799 | 106.0% |
| 12 SOUTHFORK DRIVE | 2026-05 | $675,000 | 2,035 | 94.0% |
| 390 FRANK APPLEGATE ROAD | 2026-05 | $560,000 | 1,936 | 105.3% |
| 301 CLEARSTREAM ROAD | 2025-03 | $750,000 | 2,134 | 96.5% |
| 307 SAGE COURT | 2026-03 | $355,000 | 1,751 | 98.6% |
| 201 BEGONIA COURT | 2026-01 | $375,000 | 1,751 | 93.3% |
| 1803 LILLY LANE | 2025-10 | $357,000 | 1,751 | 98.0% |
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