The Fair Share Report
7 Forge Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $322,862 – $436,892, 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 $343,488 home should be assessed near $341,427.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,573 above what the ratio math suggests (11.6%).
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%123%
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 |
|---|---|---|---|---|
| 50 RENEE COURT | 2025-05 | $390,000 | 1,280 | 93.2% |
| 28 INDEPENDENCE COURT | 2025-12 | $315,000 | 1,241 | 113.1% |
| 5 FORGE COURT | 2025-12 | $330,000 | 1,241 | 116.2% |
| 7 COLONIAL COURT | 2025-10 | $320,000 | 1,241 | 119.8% |
| 34 INDEPENDENCE COURT | 2025-05 | $360,000 | 1,241 | 102.6% |
| 15 WALTER DRIVE | 2025-02 | $500,000 | 1,248 | 82.4% |
| 137 CASSVILLE ROAD | 2026-03 | $568,000 | 1,288 | 85.4% |
| 379 S STUMP TAVERN ROAD | 2025-07 | $495,000 | 1,290 | 90.4% |
| 201 LARKSPUR LANE | 2026-06 | $360,000 | 1,326 | 91.4% |
| 95 AZALEA CIRCLE | 2026-06 | $332,000 | 1,326 | 90.2% |
| 302 DAISY COURT | 2026-01 | $347,500 | 1,326 | 97.9% |
| 1207 DAHLIA COURT | 2025-09 | $355,000 | 1,326 | 95.9% |
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