The Fair Share Report

708 Harmony Rd

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

≈ $612,331

Likely range $489,413 – $673,858, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $612,331 home should be assessed near $608,657.

Step 3 · Assessed value

$576,100

Set at the last town-wide revaluation and mostly frozen since. That's $32,557 below what the ratio math suggests (5.3%).

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

$8,080/yr
Public schools$4,557
Ocean County$1,867
Town of Jackson$1,657
Jackson average$9,047

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

Town median 97.2%
This home · 94.1%

76%123%

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
390 WHITESVILLE ROAD2026-06$430,0001,876132.6%
68 FRANK APPLEGATE ROAD2025-10$640,0001,92884.7%
1 DOMINION DRIVE2026-02$580,0001,77687.8%
590 CHALLENGER WAY2025-09$550,0002,054100.3%
221 NEW CENTRAL AVENUE2026-02$715,0001,87078.8%
444 COOK ROAD2025-08$640,0001,92089.9%
6 STURM LANE2026-02$575,0001,62092.9%
1338 W VETERANS HIGHWAY2025-07$639,0002,182105.4%
1084 FARMINGDALE ROAD2025-01$580,0001,80080.9%
1272 ALDRICH ROAD2025-11$515,0001,908103.9%
75 BROOKWOOD PARKWAY2026-01$850,0001,80166.9%
73 BROOKWOOD PARKWAY2025-12$830,0002,04071.1%

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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 →