The Fair Share Report
64 Forest Dr
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 $516,795 – $688,714, 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 $609,239 home should be assessed near $605,584.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,984 below what the ratio math suggests (8.1%).
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
75%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 |
|---|---|---|---|---|
| 13 W CONNECTICUT CONCOURS | 2025-03 | $575,000 | 1,604 | 96.9% |
| 4 S DAKOTA AVENUE | 2026-03 | $610,000 | 1,604 | 92.4% |
| 123 SUSAN DRIVE | 2025-11 | $545,000 | 1,632 | 92.7% |
| 8 PINE HILL ROAD | 2025-07 | $530,000 | 1,606 | 96.4% |
| 19 RUTGERS ROAD | 2025-03 | $651,000 | 1,608 | 92.0% |
| 19 FORDHAM ROAD | 2025-08 | $650,000 | 1,604 | 82.8% |
| 4 MARYMOUNT COURT | 2025-04 | $530,000 | 1,604 | 95.8% |
| 7 PENNSYLVANIA AVENUE | 2026-05 | $712,000 | 1,615 | 93.5% |
| 7 HAWAII ROAD | 2025-06 | $765,000 | 1,700 | 85.1% |
| 44 W CONNECTICUT CONCOURS | 2025-09 | $650,000 | 1,536 | 102.5% |
| 9 RHODE ISLAND DRIVE | 2025-05 | $615,000 | 1,522 | 89.5% |
| 20 FORDHAM ROAD | 2025-03 | $720,000 | 1,700 | 91.2% |
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