The Fair Share Report
674 Harmony 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 $525,138 – $938,964, from 12 comparable Jackson sales in the past 18 months, at this home's 1,704 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 $608,571 home should be assessed near $604,920.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $104,920 below what the ratio math suggests (17.3%).
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
48%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 |
|---|---|---|---|---|
| 105 E VETERANS HIGHWAY | 2025-11 | $750,000 | 1,674 | 78.1% |
| 26 W VETERANS HIGHWAY | 2025-12 | $400,000 | 1,704 | 151.1% |
| 620 N COUNTY LINE ROAD | 2026-01 | $1,200,000 | 1,732 | 51.6% |
| 165 FARMERS LANE | 2025-06 | $1,175,000 | 1,557 | 56.2% |
| 552 HYSON ROAD | 2025-10 | $800,000 | 1,575 | 76.6% |
| 278 METEDECONK TRAIL | 2025-06 | $490,000 | 1,702 | 133.4% |
| 257 GRAWTOWN ROAD | 2025-06 | $520,000 | 1,456 | 133.5% |
| 22 STURM LANE | 2025-10 | $575,000 | 1,671 | 106.0% |
| 651 N COUNTY LINE ROAD | 2025-01 | $535,000 | 1,736 | 114.2% |
| 84 WILLOW DRIVE | 2026-03 | $528,200 | 1,656 | 113.9% |
| 589 FREEHOLD ROAD | 2026-03 | $589,000 | 1,584 | 98.9% |
| 515 W VETERANS HIGHWAY | 2025-01 | $860,000 | 1,536 | 60.9% |
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