The Fair Share Report

622 Wright Debow 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

≈ $369,699

Likely range $350,948 – $457,408, 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 $369,699 home should be assessed near $367,481.

Step 3 · Assessed value

$488,600

Set at the last town-wide revaluation and mostly frozen since. That's $121,119 above what the ratio math suggests (33.0%).

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

$7,065/yr
Public schools$3,984
Ocean County$1,632
Town of Jackson$1,449
Jackson average$9,047

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

Town median 97.2%
This home · 132.2%

76%145%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,679/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
5 INDEPENDENCE COURT2025-06$374,0001,509106.0%
9 SHILLING WAY2025-04$405,0001,50998.2%
222 CRESCENT AVENUE2025-08$683,0001,48096.7%
131 MELI BOULEVARD2026-05$365,0001,47690.3%
117 JOAN COURT2026-01$335,0001,47697.4%
31 RENEE COURT2026-01$329,9001,47698.5%
53 RENEE COURT2025-10$350,0001,47699.8%
92 RITA LANE2025-01$349,0001,476100.9%
342 DIAMOND ROAD2025-06$575,0001,58490.1%
22 FORGE COURT2026-04$370,0001,54099.7%
17 LIBERTY PLACE2025-03$380,0001,540100.2%
31 FORGE COURT2025-12$390,0001,43097.0%

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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 →