The Fair Share Report

7 Normandy Dr

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.

Step 1 · Market value

≈ $803,605

Likely range $788,142 – $1,004,914, from 12 comparable Jackson sales in the past 18 months, at this home's 2,725 sq ft.

Step 2 · The Director's Ratio

99.40%

The state's official measure of how far Jackson assessments sit below market value — republished every October, applied town-wide. A $803,605 home should be assessed near $798,783.

Step 3 · Assessed value

$853,000

Set at the last town-wide revaluation and mostly frozen since. That's $54,217 above what the ratio math suggests (6.8%).

Step 4 · The tax rate — same for every Jackson home

$1.386 per $100 assessed

$0.781 Schools · 56% $0.320 County · 23% $0.284 Town · 21%

Step 5 · The bill

$12,334/yr
Public schools$6,955
Ocean County$2,850
Town of Jackson$2,529
Jackson average$9,047

This home vs. every recent Jackson sale · assessed ÷ market

Town median 97.2%
This home · 106.1%

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)

AddressSoldPriceSq ftRatio
6 MOUNT OLIVE LANE2025-02$720,0002,815113.6%
303 WELLINGTON COURT2025-07$875,0002,76289.5%
4 CARROLL COURT2025-08$785,0002,686101.1%
5 OVERLOOK DRIVE2026-02$989,8002,67286.0%
16 NORMANDY DRIVE2025-04$844,5002,880102.7%
6 SOLOMON COURT2026-01$765,0002,870105.5%
382 PFISTER ROAD2025-08$697,5002,640105.4%
3 GLENROTHES COURT2026-02$989,8002,67789.5%
2 W DICKENS COURT2025-02$940,0002,78894.0%
6 SCOTTSDALE COURT2026-03$985,0002,67193.2%
2 SPECTRUM COURT2025-04$1,400,0002,70568.8%
35 OLIVIA WAY2025-03$815,0002,698103.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →