The Fair Share Report

80 Bates 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.

Step 1 · Market value

≈ $800,759

Likely range $750,896 – $915,720, from 12 comparable Jackson sales in the past 18 months, at this home's 2,513 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 $800,759 home should be assessed near $795,954.

Step 3 · Assessed value

$817,600

Set at the last town-wide revaluation and mostly frozen since. That's $21,646 above what the ratio math suggests (2.7%).

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

$12,207/yr
Public schools$6,883
Ocean County$2,820
Town of Jackson$2,503
Jackson average$9,047

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

Town median 97.2%
This home · 102.1%

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
7 MITCHELL COURT2025-08$845,0002,526112.0%
5 MAGPIE COURT2026-03$810,0002,542106.7%
10 CLEVELAND COURT2025-11$850,0002,530105.5%
156 FARMERS LANE2025-01$1,250,0002,44975.4%
6 MARY BETH LANE2026-05$770,5002,492101.2%
3 WELLESLY COURT2025-09$919,0002,522100.4%
2 AGOSTINA DRIVE2025-07$750,0002,510105.6%
47 COTTONWOOD DRIVE2025-03$801,0002,602104.4%
69 JOHNSON LANE2025-10$650,0002,374108.1%
11 DANIELLE COURT2025-02$999,0002,532120.4%
602 SYMPHONY COURT2025-05$850,0002,56287.4%
8 NEWBURY COURT2025-10$705,0002,550113.0%

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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 →