The Fair Share Report
7 Veronica Ct
Jackson, NJ 08533
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 $1,106,918 – $1,373,687, 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 $1,211,857 home should be assessed near $1,204,586.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $124,386 below what the ratio math suggests (10.3%).
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
73%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 |
|---|---|---|---|---|
| 11 CHERISE COURT | 2025-04 | $1,247,000 | 4,400 | 97.9% |
| 5 CORTELYOU ROAD | 2026-02 | $1,200,000 | 4,456 | 93.8% |
| 12 FOUNTAIN VIEW DR WEST | 2025-03 | $1,115,000 | 3,636 | 102.1% |
| 111 WISEMAN ROAD | 2025-04 | $1,125,000 | 5,245 | 133.9% |
| 240 BUTTERFLY ROAD | 2025-08 | $960,000 | 3,646 | 104.3% |
| 12 JEFFERSON COURT | 2026-04 | $1,300,000 | 3,734 | 93.1% |
| 7 NORTH POINTE DRIVE | 2026-05 | $1,150,000 | 4,398 | 124.4% |
| 15 LAKESIDE DRIVE | 2026-06 | $1,150,000 | 4,386 | 107.6% |
| 18 AMETHYST WAY | 2025-06 | $1,100,000 | 4,441 | 101.0% |
| 764 REED ROAD | 2025-09 | $1,100,000 | 3,698 | 95.8% |
| 8 CALENDULA COURT | 2025-06 | $1,275,000 | 4,087 | 98.2% |
| 33 JEFFERSON COURT | 2025-04 | $1,220,000 | 3,550 | 110.7% |
Is this your house?
Run your own report →