The Fair Share Report

880 Wright Debow 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

≈ $517,572

Likely range $507,130 – $529,544, from 12 comparable Jackson sales in the past 18 months, at this home's 2,062 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 $517,572 home should be assessed near $514,467.

Step 3 · Assessed value

$678,500

Set at the last town-wide revaluation and mostly frozen since. That's $164,033 above what the ratio math suggests (31.9%).

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

$9,811/yr
Public schools$5,532
Ocean County$2,267
Town of Jackson$2,012
Jackson average$9,047

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

Town median 97.2%
This home · 131.1%

76%139%

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 $2,274/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
114 BROOKFIELD DRIVE2025-10$530,0002,094104.5%
45 BROOKFIELD DRIVE2025-07$540,0002,09497.1%
217 BROOKFIELD DRIVE2026-06$510,0002,094107.3%
141 BROOKFIELD DRIVE2026-05$535,0002,094104.4%
42 BROOKFIELD DRIVE2026-01$519,0002,094106.1%
137 BROOKFIELD DRIVE2025-09$525,0002,09499.5%
105 BROOKFIELD DRIVE2025-06$515,0002,094106.8%
139 BROOKFIELD DRIVE2025-04$490,0002,094105.3%
19 ARISTOCRAT WAY2025-07$910,0002,14090.4%
22 BROOKFIELD DRIVE2025-09$575,0002,23998.8%
20 BROOKFIELD DRIVE2025-05$562,0002,239100.0%
10 BROOKFIELD DRIVE2025-03$555,0002,239104.1%

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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 →