The Fair Share Report
555 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 $344,878 – $398,753, from 12 comparable Jackson sales in the past 18 months, at this home's 1,616 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 $355,520 home should be assessed near $353,387.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $288,113 above what the ratio math suggests (81.5%).
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%191%
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 $3,993/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 111 JOAN COURT | 2026-03 | $352,000 | 1,600 | 101.1% |
| 157 MELI BOULEVARD | 2025-11 | $350,000 | 1,600 | 96.6% |
| 100 JOAN COURT | 2025-03 | $330,000 | 1,600 | 107.8% |
| 137 MELI BOULEVARD | 2025-02 | $339,999 | 1,600 | 105.4% |
| 121 JOAN COURT | 2026-03 | $350,000 | 1,640 | 100.1% |
| 116 JOAN COURT | 2026-02 | $350,000 | 1,640 | 97.2% |
| 39 COLONIAL COURT | 2025-09 | $385,000 | 1,694 | 102.9% |
| 73 RITA LANE | 2026-03 | $369,250 | 1,680 | 92.5% |
| 167 MELI BOULEVARD | 2025-10 | $345,000 | 1,680 | 107.7% |
| 22 FORGE COURT | 2026-04 | $370,000 | 1,540 | 99.7% |
| 17 LIBERTY PLACE | 2025-03 | $380,000 | 1,540 | 100.2% |
| 947 CHARLES STREET | 2025-06 | $506,000 | 1,698 | 102.9% |
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