The Fair Share Report
593 Sergey Rd
Jackson, NJ 08701
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.
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Step 1 · Market value
Likely range $632,532 – $1,040,032, from 12 comparable Jackson sales in the past 18 months, at this home's 2,520 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 $852,969 home should be assessed near $847,851.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $293,151 below what the ratio math suggests (34.6%).
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
48%118%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jackson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 48 KNIGHTSBRIDGE PLACE | 2025-07 | $1,315,000 | 2,476 | 78.7% |
| 31 BROOKFIELD DRIVE | 2025-08 | $525,000 | 2,634 | 110.7% |
| 10 SCARBOROUGH DRIVE | 2025-08 | $999,999 | 2,484 | 97.5% |
| 5 KNIGHTSBRIDGE PLACE | 2025-07 | $999,999 | 2,423 | 105.8% |
| 7 KENSINGTON COURT | 2026-01 | $1,140,000 | 2,602 | 87.2% |
| 16 LOCUST AVENUE | 2025-06 | $770,000 | 2,560 | 95.5% |
| 408 MEADOWOOD ROAD | 2026-02 | $911,000 | 2,528 | 92.0% |
| 5 CARLSON COURT | 2025-07 | $855,000 | 2,526 | 99.8% |
| 23 SUMMERHILL AVENUE | 2026-05 | $1,150,000 | 2,471 | 78.7% |
| 22 BROOKFIELD DRIVE | 2025-09 | $575,000 | 2,239 | 98.8% |
| 20 BROOKFIELD DRIVE | 2025-05 | $562,000 | 2,239 | 100.0% |
| 10 BROOKFIELD DRIVE | 2025-03 | $555,000 | 2,239 | 104.1% |
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