The Fair Share Report

81 E Commodore Blvd

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

≈ $187,864

Likely range $172,700 – $331,948, from 12 comparable Jackson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $187,864 home should be assessed near $186,737.

Step 3 · Assessed value

$1,774,000

Set at the last town-wide revaluation and mostly frozen since. That's $1,587,263 above what the ratio math suggests (850.0%).

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

$25,652/yr
Public schools$14,465
Ocean County$5,927
Town of Jackson$5,260
Jackson average$9,047

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

Town median 97.2%
This home · 944.3%

76%1033%

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 $21,999/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
4A PRIMROSE LANE2026-02$195,000720103.0%
161 LILAC COURT2026-03$215,000721106.6%
202 OWLS NEST COURT2026-02$235,00072197.9%
702 BLUEBELL DRIVE2026-02$215,000721106.9%
602 VIOLET LANE2026-02$200,000721109.2%
1002 MORNING GLORY COURT2025-09$200,000721115.0%
71 VERBENA COURT2025-08$210,000721109.1%
906 MORNING GLORY COURT2025-08$222,000721103.7%
606 SEQUOIA COURT2025-05$235,00072192.9%
25 CASSVILLE ROAD2026-03$369,00070587.4%
21 CEDAR SWAMP ROAD2026-06$360,00072692.1%
1372 TOMS RIVER ROAD2026-03$600,0001,14492.9%

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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 →