The Fair Share Report
7 Mark Pl
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 $545,271 – $673,166, 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 $598,404 home should be assessed near $594,814.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,714 below what the ratio math suggests (5.2%).
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 |
|---|---|---|---|---|
| 1 CITADEL COURT | 2025-11 | $565,000 | 1,718 | 86.0% |
| 7 CITADEL COURT | 2026-01 | $645,000 | 1,718 | 87.8% |
| 20 FORDHAM ROAD | 2025-03 | $720,000 | 1,700 | 91.2% |
| 7 HAWAII ROAD | 2025-06 | $765,000 | 1,700 | 85.1% |
| 36 ANDOVER ROAD | 2025-06 | $535,000 | 1,797 | 109.2% |
| 112 MANHATTAN STREET | 2025-12 | $595,000 | 1,712 | 85.9% |
| 112 MANHATTAN STREET | 2025-05 | $390,000 | 1,712 | 131.1% |
| 17 PRINCETON DRIVE | 2025-06 | $570,000 | 1,822 | 95.2% |
| 26 CITADEL DRIVE | 2026-03 | $590,000 | 1,838 | 86.5% |
| 6 ARKANSAS DRIVE | 2025-03 | $641,000 | 1,886 | 89.5% |
| 41 W CONNECTICUT CONCOURS | 2026-06 | $635,000 | 1,874 | 96.4% |
| 5 COLORADO DRIVE | 2025-07 | $573,980 | 1,890 | 99.5% |
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