The Fair Share Report
6 Robert Ter
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 $492,447 – $600,134, from 12 comparable Jackson sales in the past 18 months, at this home's 1,058 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 $543,215 home should be assessed near $539,956.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,956 below what the ratio math suggests (4.4%).
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 |
|---|---|---|---|---|
| 33 DREXEL DRIVE | 2025-10 | $536,180 | 1,056 | 95.8% |
| 31 OCEAN AVENUE | 2026-02 | $400,000 | 1,056 | 114.1% |
| 33 GEORGIAN BOULEVARD | 2025-11 | $515,000 | 1,056 | 91.8% |
| 18 VILLANOVA DRIVE | 2025-07 | $599,000 | 1,056 | 82.9% |
| 34 DREXEL DRIVE | 2026-01 | $560,000 | 1,056 | 87.3% |
| 14 BLUE SPRUCE DRIVE | 2025-05 | $389,000 | 1,028 | 92.6% |
| 46 E CONNECTICUT CONCOURS | 2026-01 | $554,000 | 1,056 | 101.5% |
| 138 SUSAN DRIVE | 2025-06 | $535,000 | 1,042 | 95.4% |
| 138 SUSAN DRIVE | 2025-02 | $485,000 | 1,042 | 105.2% |
| 5 BEAM AVENUE | 2025-02 | $450,000 | 1,056 | 94.9% |
| 13 OREGON AVENUE | 2026-06 | $600,000 | 1,008 | 80.0% |
| 17 OREGON AVENUE | 2025-03 | $575,000 | 1,008 | 75.9% |
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