The Fair Share Report

59 Bates Rd

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.

Step 1 · Market value

≈ $648,474

Likely range $625,918 – $753,010, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.40%

The state's official measure of how far Jackson assessments sit below market value — republished every October, applied town-wide. A $648,474 home should be assessed near $644,583.

Step 3 · Assessed value

$737,600

Set at the last town-wide revaluation and mostly frozen since. That's $93,017 above what the ratio math suggests (14.4%).

Step 4 · The tax rate — same for every Jackson home

$1.386 per $100 assessed

$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%

Step 5 · The bill

$11,012/yr
Public schools$6,210
Ocean County$2,544
Town of Jackson$2,258
Jackson average$9,047

This home vs. every recent Jackson sale · assessed ÷ market

Town median 97.2%
This home · 113.7%

76%123%

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)

AddressSoldPriceSq ftRatio
106 CANNON BOULEVARD2025-08$630,0002,25679.9%
626 N COUNTY LINE ROAD2025-11$675,0002,39277.3%
26 N BOSTON ROAD2025-11$850,0002,31093.0%
326 JACKSON PINES ROAD2025-12$650,0002,36497.0%
110 N HOPE CHAPEL ROAD2026-03$600,0002,24093.0%
328 E PLEASANT GROVE ROAD2026-02$725,0002,25599.0%
639 ELTONE ROAD2025-12$672,5002,312114.8%
4 CORINNE COURT2025-04$635,0002,320114.0%
1068 TOMS RIVER ROAD2025-01$599,9002,242109.3%
823 BOWMAN ROAD2025-08$555,0002,119110.2%
243 TOMS RIVER ROAD2025-12$640,0002,328109.8%
70 N BOSTON ROAD2025-11$700,0002,25990.2%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →