The Fair Share Report
776 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $661,051 – $1,078,774, 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 $998,453 home should be assessed near $992,462.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $116,438 above what the ratio math suggests (11.7%).
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%173%
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 $1,614/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 241 N HOPE CHAPEL ROAD | 2025-04 | $1,850,000 | 3,215 | 56.0% |
| 411 BUTTERFLY ROAD | 2025-11 | $990,000 | 2,928 | 97.8% |
| 69-71 E PLEASANT GROVE RD | 2025-08 | $720,000 | 3,008 | 114.7% |
| 135 E VETERANS HIGHWAY | 2025-12 | $1,100,000 | 3,428 | 91.3% |
| 888 ANDERSON ROAD | 2025-01 | $800,000 | 3,388 | 100.0% |
| 480 WHITESVILLE ROAD | 2025-02 | $1,675,000 | 2,832 | 57.8% |
| 5 TWINOAKS COURT | 2026-06 | $960,000 | 2,684 | 97.4% |
| 33 BROOKFIELD DRIVE | 2025-05 | $520,000 | 2,822 | 104.9% |
| 26 GOLDFINCH ROAD | 2025-06 | $980,000 | 2,710 | 90.7% |
| 34 GOLDFINCH ROAD | 2025-04 | $959,000 | 2,736 | 92.8% |
| 126 JACKSON MILLS ROAD | 2025-10 | $715,000 | 2,452 | 112.3% |
| 33 JEFFERSON COURT | 2025-04 | $1,220,000 | 3,550 | 110.7% |
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