The Fair Share Report
696 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 $748,334 – $1,042,296, 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 $792,310 home should be assessed near $787,556.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,256 below what the ratio math suggests (8.7%).
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
64%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 |
|---|---|---|---|---|
| 3 CARROLL COURT | 2025-11 | $759,000 | 2,423 | 106.4% |
| 30 BRIDGEWATER COURT | 2025-03 | $1,300,000 | 2,411 | 72.0% |
| 1060 E VETERANS HIGHWAY | 2026-04 | $800,000 | 2,398 | 66.6% |
| 231 CRESCENT AVENUE | 2025-11 | $770,000 | 2,369 | 97.2% |
| 2 AGOSTINA DRIVE | 2025-07 | $750,000 | 2,510 | 105.6% |
| 6 KINDLING WAY | 2025-09 | $761,000 | 2,387 | 97.7% |
| 5 KINDLING WAY | 2025-04 | $760,000 | 2,364 | 100.2% |
| 1 MAGPIE COURT | 2025-07 | $779,000 | 2,366 | 100.2% |
| 1127 TOMS RIVER ROAD | 2025-03 | $742,000 | 2,433 | 106.5% |
| 10 SPECTRUM COURT | 2025-10 | $1,390,000 | 2,350 | 70.0% |
| 8 REAGAN DRIVE | 2025-08 | $999,999 | 2,388 | 89.6% |
| 10 SUSIE LANE | 2026-03 | $765,000 | 2,325 | 106.5% |
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