The Fair Share Report
614 Harmony 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 $589,291 – $692,206, from 12 comparable Jackson sales in the past 18 months, at this home's 2,153 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 $632,444 home should be assessed near $628,649.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,051 above what the ratio math suggests (0.5%).
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%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 |
|---|---|---|---|---|
| 6 HARMONY HILL COURT | 2025-07 | $658,000 | 2,240 | 103.6% |
| 43 ANITA DRIVE | 2025-01 | $725,000 | 2,032 | 97.3% |
| 47 E PLEASANT GROVE ROAD | 2025-09 | $550,000 | 2,138 | 105.2% |
| 370 NEW CENTRAL AVENUE | 2026-03 | $1,000,000 | 2,080 | 78.5% |
| 12 SOUTHFORK DRIVE | 2026-05 | $675,000 | 2,035 | 94.0% |
| 301 JACKSON MILLS ROAD | 2025-07 | $670,000 | 2,262 | 110.1% |
| 328 E PLEASANT GROVE ROAD | 2026-02 | $725,000 | 2,255 | 99.0% |
| 110 N HOPE CHAPEL ROAD | 2026-03 | $600,000 | 2,240 | 93.0% |
| 718 E VETERANS HIGHWAY | 2025-11 | $620,000 | 2,248 | 96.1% |
| 639 ELTONE ROAD | 2025-12 | $672,500 | 2,312 | 114.8% |
| 205 FRANK APPLEGATE RD | 2026-06 | $690,000 | 2,261 | 105.1% |
| 823 BOWMAN ROAD | 2025-08 | $555,000 | 2,119 | 110.2% |
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