The Fair Share Report
524 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 $322,688 – $437,366, 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 $341,563 home should be assessed near $339,514.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $340,286 above what the ratio math suggests (100.2%).
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%216%
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 $4,716/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 192 E PLEASANT GROVE ROAD | 2025-10 | $410,000 | 1,056 | 108.7% |
| 1372 TOMS RIVER ROAD | 2026-03 | $600,000 | 1,144 | 92.9% |
| 1126 TOMS RIVER ROAD | 2025-01 | $505,000 | 1,122 | 123.3% |
| 235 PERRINEVILLE ROAD | 2026-02 | $490,000 | 1,156 | 86.5% |
| 46 THOMPSON BRIDGE ROAD | 2025-04 | $394,750 | 1,024 | 103.0% |
| 1101 FERN COURT | 2026-06 | $331,500 | 1,072 | 94.9% |
| 601 BROMELIA COURT | 2026-04 | $319,900 | 1,072 | 94.0% |
| 1201 BLUEBELL DRIVE | 2026-04 | $335,000 | 1,072 | 96.2% |
| 807 BEGONIA COURT | 2026-03 | $319,000 | 1,072 | 91.0% |
| 205 BLUEBELL DRIVE | 2026-03 | $339,000 | 1,072 | 90.6% |
| 1006 CALLAS COURT | 2026-02 | $280,000 | 1,072 | 107.7% |
| 131 ASTER COURT | 2026-01 | $325,000 | 1,072 | 96.8% |
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