The Fair Share Report
7 Springbrook 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.
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Step 1 · Market value
Likely range $803,940 – $939,790, from 12 comparable Jackson sales in the past 18 months, at this home's 2,857 sq ft.
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 $861,014 home should be assessed near $855,848.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $129,852 above what the ratio math suggests (15.2%).
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%128%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,800/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 30 SUMMERHILL AVENUE | 2026-02 | $1,200,000 | 2,846 | 82.4% |
| 33 OLIVIA WAY | 2025-04 | $999,000 | 2,846 | 92.8% |
| 27 STONEHENGE COURT | 2026-03 | $800,000 | 2,843 | 123.0% |
| 28 STONEHENGE COURT | 2025-10 | $950,000 | 2,932 | 103.6% |
| 25 GREENWICH DRIVE | 2026-04 | $880,000 | 2,920 | 106.4% |
| 5 STARLING COURT | 2025-08 | $825,000 | 2,771 | 99.7% |
| 1 STARLING COURT | 2025-02 | $860,000 | 2,934 | 103.4% |
| 2 KYLE COURT | 2025-11 | $750,000 | 2,767 | 99.9% |
| 6 SOLOMON COURT | 2026-01 | $765,000 | 2,870 | 105.5% |
| 6 TALL OAKS DRIVE | 2025-03 | $830,000 | 2,984 | 98.5% |
| 5 SONG BIRD COURT | 2025-08 | $865,000 | 2,960 | 110.0% |
| 45 ERIN DRIVE | 2025-09 | $925,000 | 3,000 | 102.1% |
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