The Fair Share Report

7 Trinity Pl

Jackson, NJ 08701

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

≈ $577,500

Likely range $522,315 – $640,000, from 12 comparable Jackson sales in the past 18 months, at this home's 1,428 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 $577,500 home should be assessed near $574,035.

Step 3 · Assessed value

$672,100

Set at the last town-wide revaluation and mostly frozen since. That's $98,065 above what the ratio math suggests (17.1%).

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

$10,034/yr
Public schools$5,658
Ocean County$2,318
Town of Jackson$2,058
Jackson average$9,047

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

Town median 97.2%
This home · 116.4%

76%134%

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 $1,359/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
8 TRINITY PLACE2026-04$640,0001,42896.8%
6 TRINITY PLACE2026-01$575,0001,428111.0%
3 ARKANSAS DRIVE2026-02$665,0001,45683.8%
1234 ALDRICH ROAD2025-02$635,0001,42888.0%
8 SPRUCE TERRACE2025-08$515,0001,408102.6%
28 MONTANA DRIVE2025-06$650,0001,47088.8%
11 BRYANT DRIVE2025-08$625,0001,42890.8%
420 DIAMOND ROAD2025-05$449,0001,512104.0%
5 HAWAII ROAD2026-06$605,0001,49685.7%
18 BROOKWOOD PARKWAY2025-07$585,0001,61090.8%
14 BUCKINGHAM DRIVE2025-06$695,0001,31490.3%
5 ILLINOIS AVENUE2025-12$510,0001,534107.9%

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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 →