The Fair Share Report
690 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.
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Step 1 · Market value
Likely range $461,641 – $792,733, 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 $587,031 home should be assessed near $583,509.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $133,709 below what the ratio math suggests (22.9%).
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
51%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 |
|---|---|---|---|---|
| 426 BENNETTS MILLS ROAD | 2025-12 | $850,000 | 1,419 | 57.9% |
| 1388 W VETERANS HIGHWAY | 2025-08 | $530,000 | 1,600 | 86.4% |
| 515 W VETERANS HIGHWAY | 2025-01 | $860,000 | 1,536 | 60.9% |
| 329 E VETERANS HIGHWAY | 2026-02 | $535,000 | 1,658 | 105.0% |
| 750 GREEN VALLEY ROAD | 2025-09 | $700,000 | 1,520 | 82.1% |
| 271 S STUMP TAVERN ROAD | 2025-11 | $487,500 | 1,272 | 99.6% |
| 307 CLEARSTREAM ROAD | 2025-03 | $750,000 | 1,417 | 85.8% |
| 6 STURM LANE | 2026-02 | $575,000 | 1,620 | 92.9% |
| 318 FDR PL (PRIVATE) | 2026-05 | $370,000 | 1,281 | 118.0% |
| 222 CRESCENT AVENUE | 2025-08 | $683,000 | 1,480 | 96.7% |
| 461 HARMONY ROAD | 2025-08 | $585,000 | 1,440 | 97.2% |
| 402 FRANK APPLEGATE ROAD | 2026-05 | $590,000 | 1,488 | 102.1% |
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