The Fair Share Report
87 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 $794,386 – $886,800, from 12 comparable Jackson sales in the past 18 months, at this home's 2,956 sq ft.
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 $833,459 home should be assessed near $828,458.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $127,942 above what the ratio math suggests (15.4%).
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%126%
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 $1,773/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 155 LEESVILLE ROAD | 2026-03 | $550,000 | 2,947 | 117.0% |
| 8 STEPHANIE COURT | 2025-05 | $780,000 | 2,746 | 109.2% |
| 36 ELM STREET | 2025-07 | $852,000 | 2,840 | 81.7% |
| 2 GALASSI COURT | 2025-07 | $999,999 | 2,900 | 92.4% |
| 960 MAPLEHURST AVENUE | 2025-03 | $850,000 | 3,110 | 96.0% |
| 90 VALLEY ROAD | 2025-02 | $725,000 | 2,672 | 88.0% |
| 91 VALLEY ROAD | 2025-09 | $900,000 | 3,349 | 92.2% |
| 2 AFTON ROAD | 2026-03 | $700,000 | 2,826 | 126.1% |
| 320 JACKSON PINES ROAD | 2025-11 | $999,000 | 2,870 | 88.4% |
| 260 BARTLEY ROAD | 2025-06 | $925,000 | 3,026 | 103.5% |
| 19 GROVER COURT | 2025-07 | $840,000 | 2,820 | 97.4% |
| 5 PERSIMMON DRIVE | 2025-08 | $825,000 | 2,926 | 92.0% |
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