The Fair Share Report

8 Mitchell Ct

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

≈ $830,628

Likely range $796,342 – $879,270, from 12 comparable Jackson sales in the past 18 months, at this home's 2,830 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 $830,628 home should be assessed near $825,644.

Step 3 · Assessed value

$883,300

Set at the last town-wide revaluation and mostly frozen since. That's $57,656 above what the ratio math suggests (7.0%).

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

$12,790/yr
Public schools$7,212
Ocean County$2,955
Town of Jackson$2,623
Jackson average$9,047

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

Town median 97.2%
This home · 106.3%

76%118%

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 $799/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
18 SERENDIPITY DRIVE2026-06$825,0002,84294.6%
11 JEFFERSON COURT2025-04$995,0002,876101.3%
24 AMBASSADOR WAY2025-03$800,0002,920106.9%
12 SCOTTSDALE COURT2025-12$915,0002,94598.3%
592 OLLIE BURKE ROAD2026-06$850,0002,896103.1%
33 BROOKFIELD DRIVE2025-05$520,0002,822104.9%
27 AMBASSADOR WAY2025-07$878,0002,89095.1%
30 SUMMERHILL AVENUE2026-02$1,200,0002,84682.4%
5 STARLING COURT2025-08$825,0002,77199.7%
25 GREENWICH DRIVE2026-04$880,0002,920106.4%
71 TUSCANY DRIVE2026-04$800,0002,766103.1%
27 STONEHENGE COURT2026-03$800,0002,843123.0%

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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 →