The Fair Share Report
8 Iris Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $474,525 – $657,487, 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 $604,583 home should be assessed near $600,956.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,356 below 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
75%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 |
|---|---|---|---|---|
| 1234 ALDRICH ROAD | 2025-02 | $635,000 | 1,428 | 88.0% |
| 420 DIAMOND ROAD | 2025-05 | $449,000 | 1,512 | 104.0% |
| 8 TRINITY PLACE | 2026-04 | $640,000 | 1,428 | 96.8% |
| 6 TRINITY PLACE | 2026-01 | $575,000 | 1,428 | 111.0% |
| 3 ARKANSAS DRIVE | 2026-02 | $665,000 | 1,456 | 83.8% |
| 7 JUNIPER LANE | 2025-08 | $660,000 | 1,584 | 84.8% |
| 22 DAWN CYPRESS LANE | 2025-06 | $490,000 | 1,372 | 91.9% |
| 15 ASHFORD ROAD | 2025-05 | $750,000 | 1,440 | 77.3% |
| 17 ALBANY AVENUE | 2026-02 | $490,000 | 1,584 | 117.2% |
| 11 ASHFORD ROAD | 2025-07 | $715,000 | 1,430 | 81.4% |
| 5 ALBANY AVENUE | 2026-06 | $665,000 | 1,598 | 88.7% |
| 28 MONTANA DRIVE | 2025-06 | $650,000 | 1,470 | 88.8% |
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