The Fair Share Report
83 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $357,066 – $609,837, 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 $393,636 home should be assessed near $391,274.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $198,126 above what the ratio math suggests (50.6%).
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%171%
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 |
|---|---|---|---|---|
| 101 S HOPE CHAPEL ROAD | 2026-04 | $650,000 | 1,756 | 94.8% |
| 95 S HOPE CHAPEL ROAD | 2026-02 | $585,000 | 1,762 | 118.6% |
| 7 CORINNE COURT | 2026-04 | $626,000 | 1,794 | 83.1% |
| 56 CEDAR SWAMP ROAD | 2025-04 | $643,000 | 1,800 | 88.8% |
| 307 SAGE COURT | 2026-03 | $355,000 | 1,751 | 98.6% |
| 201 BEGONIA COURT | 2026-01 | $375,000 | 1,751 | 93.3% |
| 1803 LILLY LANE | 2025-10 | $357,000 | 1,751 | 98.0% |
| 209 BEGONIA COURT | 2025-08 | $347,500 | 1,751 | 107.5% |
| 505 BEGONIA COURT | 2025-07 | $375,000 | 1,751 | 101.6% |
| 1404 VIOLET LANE | 2025-06 | $366,000 | 1,751 | 95.6% |
| 1402 VIOLET LANE | 2025-05 | $366,000 | 1,751 | 104.1% |
| 66 CEDAR SWAMP ROAD | 2026-03 | $550,000 | 1,716 | 95.9% |
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