The Fair Share Report
690 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 $555,455 – $628,216, 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 $570,856 home should be assessed near $567,431.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,869 above what the ratio math suggests (1.0%).
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%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 |
|---|---|---|---|---|
| 329 E VETERANS HIGHWAY | 2026-02 | $535,000 | 1,658 | 105.0% |
| 1388 W VETERANS HIGHWAY | 2025-08 | $530,000 | 1,600 | 86.4% |
| 1084 FARMINGDALE ROAD | 2025-01 | $580,000 | 1,800 | 80.9% |
| 277 METEDECONK TRAIL | 2025-12 | $580,000 | 1,804 | 117.7% |
| 1 DOMINION DRIVE | 2026-02 | $580,000 | 1,776 | 87.8% |
| 390 WHITESVILLE ROAD | 2026-06 | $430,000 | 1,876 | 132.6% |
| 84 WILLOW DRIVE | 2026-03 | $528,200 | 1,656 | 113.9% |
| 278 METEDECONK TRAIL | 2025-06 | $490,000 | 1,702 | 133.4% |
| 26 W VETERANS HIGHWAY | 2025-12 | $400,000 | 1,704 | 151.1% |
| 515 W VETERANS HIGHWAY | 2025-01 | $860,000 | 1,536 | 60.9% |
| 791 HARMONY ROAD | 2026-03 | $629,000 | 1,712 | 97.2% |
| 6 STURM LANE | 2026-02 | $575,000 | 1,620 | 92.9% |
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