The Fair Share Report
8 Rye 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $473,850 – $519,651, 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 $493,435 home should be assessed near $490,474.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,126 above what the ratio math suggests (8.0%).
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%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 $542/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 32 WALTHAM WAY | 2026-01 | $480,000 | 1,965 | 114.5% |
| 1 ST ANDREWS ROAD | 2026-04 | $485,000 | 2,056 | 111.1% |
| 53 PINE VALLEY ROAD | 2025-12 | $529,900 | 2,190 | 109.7% |
| 35 MUIRFIELD ROAD | 2026-04 | $555,000 | 1,981 | 91.5% |
| 12 STEVEN PLACE | 2025-08 | $570,000 | 1,948 | 94.0% |
| 4 GLADSTON COURT | 2026-04 | $500,000 | 2,102 | 103.7% |
| 217 BROOKFIELD DRIVE | 2026-06 | $510,000 | 2,094 | 107.3% |
| 141 BROOKFIELD DRIVE | 2026-05 | $535,000 | 2,094 | 104.4% |
| 42 BROOKFIELD DRIVE | 2026-01 | $519,000 | 2,094 | 106.1% |
| 137 BROOKFIELD DRIVE | 2025-09 | $525,000 | 2,094 | 99.5% |
| 105 BROOKFIELD DRIVE | 2025-06 | $515,000 | 2,094 | 106.8% |
| 139 BROOKFIELD DRIVE | 2025-04 | $490,000 | 2,094 | 105.3% |
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