The Fair Share Report
7 Nancy 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.
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Step 1 · Market value
Likely range $856,794 – $979,093, 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 $900,795 home should be assessed near $895,390.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,490 below what the ratio math suggests (4.3%).
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 |
|---|---|---|---|---|
| 33 HAMPSHIRE BOULEVARD | 2025-11 | $1,425,000 | 2,983 | 82.1% |
| 592 OLLIE BURKE ROAD | 2026-06 | $850,000 | 2,896 | 103.1% |
| 45 ERIN DRIVE | 2025-09 | $925,000 | 3,000 | 102.1% |
| 25 GREENWICH DRIVE | 2026-04 | $880,000 | 2,920 | 106.4% |
| 27 AMBASSADOR WAY | 2025-07 | $878,000 | 2,890 | 95.1% |
| 12 SCOTTSDALE COURT | 2025-12 | $915,000 | 2,945 | 98.3% |
| 18 SERENDIPITY DRIVE | 2026-06 | $825,000 | 2,842 | 94.6% |
| 28 STONEHENGE COURT | 2025-10 | $950,000 | 2,932 | 103.6% |
| 24 AMBASSADOR WAY | 2025-03 | $800,000 | 2,920 | 106.9% |
| 23 WOODS EDGE DRIVE | 2025-01 | $862,000 | 3,053 | 116.1% |
| 9 SARAH COURT | 2025-08 | $900,000 | 3,118 | 114.2% |
| 6 CANTERBURY COURT | 2025-08 | $999,000 | 3,037 | 97.5% |
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