The Fair Share Report

76 Bowman Rd

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

≈ $724,348

Likely range $644,250 – $755,243, from 12 comparable Jackson sales in the past 18 months, at this home's 2,353 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 $724,348 home should be assessed near $720,002.

Step 3 · Assessed value

$699,400

Set at the last town-wide revaluation and mostly frozen since. That's $20,602 below what the ratio math suggests (2.9%).

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

$10,127/yr
Public schools$5,711
Ocean County$2,340
Town of Jackson$2,077
Jackson average$9,047

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

Town median 97.2%
This home · 96.6%

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
69 JOHNSON LANE2025-10$650,0002,374108.1%
15 ASPEN COURT2026-01$690,0002,296103.7%
569 WINTERBERRY BOULEVARD2026-05$674,1152,28191.5%
14 RUE MONET2025-09$675,0002,10393.8%
444 PFISTER ROAD2025-09$679,0002,556114.9%
16 COTTONWOOD DRIVE2025-08$825,0002,65899.0%
7 SOUTHFORK DRIVE2025-06$760,0002,38483.8%
47 COTTONWOOD DRIVE2025-03$801,0002,602104.4%
31 COTTONWOOD DRIVE2026-05$805,0002,55196.4%
1045 FARMINGDALE ROAD2025-09$612,0002,240105.8%
62 BROOKFIELD DRIVE2025-02$549,0002,239104.3%
18 BRENTWOOD DRIVE2025-10$690,0002,242102.0%

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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 →