The Fair Share Report

9 Galassi Ct

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

≈ $831,848

Likely range $738,610 – $962,153, from 12 comparable Jackson sales in the past 18 months, at this home's 2,794 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 $831,848 home should be assessed near $826,857.

Step 3 · Assessed value

$978,200

Set at the last town-wide revaluation and mostly frozen since. That's $151,343 above what the ratio math suggests (18.3%).

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

$14,164/yr
Public schools$7,987
Ocean County$3,273
Town of Jackson$2,904
Jackson average$9,047

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

Town median 97.2%
This home · 117.6%

76%138%

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 $2,098/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8 SHELDON DRIVE2025-12$999,0002,90198.3%
4 HEATHWOOD AVENUE2025-06$755,0002,856117.4%
71 TUSCANY DRIVE2026-04$800,0002,766103.1%
19 GROVER COURT2025-07$840,0002,82097.4%
31 DANIELLE COURT2025-05$1,370,0002,63282.5%
7 CREST ROAD2025-10$800,0002,717110.3%
2 W DICKENS COURT2025-02$940,0002,78894.0%
8 DANIELLE COURT2025-04$1,470,0002,68880.8%
5 STARLING COURT2025-08$825,0002,77199.7%
8 CREST ROAD2025-06$685,0002,62891.4%
2 AFTON ROAD2026-03$700,0002,826126.1%
303 WELLINGTON COURT2025-07$875,0002,76289.5%

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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 →