The Fair Share Report
6 Crest 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.
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Step 1 · Market value
Likely range $618,670 – $750,594, 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 $685,070 home should be assessed near $680,960.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,660 below what the ratio math suggests (8.3%).
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%118%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 163 GRAWTOWN ROAD | 2025-02 | $720,000 | 2,058 | 93.3% |
| 370 NEW CENTRAL AVENUE | 2026-03 | $1,000,000 | 2,080 | 78.5% |
| 10 BOWMAN ROAD | 2025-09 | $660,000 | 1,964 | 95.3% |
| 12 SOUTHFORK DRIVE | 2026-05 | $675,000 | 2,035 | 94.0% |
| 37 GREENTREE DRIVE | 2025-12 | $715,000 | 2,050 | 94.4% |
| 1064 BENNETTS MILLS ROAD | 2025-06 | $665,000 | 1,988 | 103.3% |
| 718 E VETERANS HIGHWAY | 2025-11 | $620,000 | 2,248 | 96.1% |
| 9 STACY COURT | 2026-06 | $881,220 | 1,980 | 77.0% |
| 18 E PLEASANT GROVE ROAD | 2025-04 | $600,000 | 1,908 | 94.6% |
| 36 GREENTREE DRIVE | 2025-03 | $650,000 | 2,011 | 97.6% |
| 627 ELTONE ROAD | 2025-06 | $582,000 | 1,930 | 102.2% |
| 716 HYSON ROAD | 2025-10 | $605,000 | 1,974 | 111.9% |
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