The Fair Share Report
67 Bates 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 $575,504 – $826,034, 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 $604,029 home should be assessed near $600,405.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $101,895 above what the ratio math suggests (17.0%).
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%127%
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 |
|---|---|---|---|---|
| 110 N HOPE CHAPEL ROAD | 2026-03 | $600,000 | 2,240 | 93.0% |
| 823 BOWMAN ROAD | 2025-08 | $555,000 | 2,119 | 110.2% |
| 328 E PLEASANT GROVE ROAD | 2026-02 | $725,000 | 2,255 | 99.0% |
| 529 FRANK APPLEGATE ROAD | 2025-01 | $580,000 | 2,134 | 103.1% |
| 26 N BOSTON ROAD | 2025-11 | $850,000 | 2,310 | 93.0% |
| 326 JACKSON PINES ROAD | 2025-12 | $650,000 | 2,364 | 97.0% |
| 106 CANNON BOULEVARD | 2025-08 | $630,000 | 2,256 | 79.9% |
| 5 DORCHESTER COURT | 2026-02 | $845,000 | 2,065 | 88.8% |
| 1068 TOMS RIVER ROAD | 2025-01 | $599,900 | 2,242 | 109.3% |
| 6 HARMONY HILL COURT | 2025-07 | $658,000 | 2,240 | 103.6% |
| 639 ELTONE ROAD | 2025-12 | $672,500 | 2,312 | 114.8% |
| 4 CORINNE COURT | 2025-04 | $635,000 | 2,320 | 114.0% |
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