The Fair Share Report
9 Rye 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $414,216 – $498,865, 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 $464,465 home should be assessed near $461,678.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,322 above what the ratio math suggests (5.1%).
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%123%
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 |
|---|---|---|---|---|
| 8 INVERNESS LANE | 2025-10 | $480,000 | 1,842 | 105.3% |
| 12 RYE COURT | 2026-02 | $425,000 | 1,856 | 114.4% |
| 2 SEMINOLE COURT | 2026-03 | $437,000 | 1,916 | 114.0% |
| 88 BROOKFIELD DRIVE | 2026-06 | $535,000 | 1,828 | 94.9% |
| 127 BROOKFIELD DRIVE | 2025-01 | $427,500 | 1,828 | 107.5% |
| 224 BROOKFIELD DRIVE | 2026-01 | $455,000 | 1,792 | 102.4% |
| 284 BROOKFIELD DRIVE | 2025-10 | $408,000 | 1,792 | 97.0% |
| 293 BROOKFIELD DRIVE | 2025-06 | $470,000 | 1,792 | 99.9% |
| 42 PEMBROKE DRIVE | 2026-05 | $495,000 | 1,849 | 116.3% |
| 24 SHADOW CREEK COURT | 2026-01 | $425,500 | 1,916 | 118.7% |
| 12 STEVEN PLACE | 2025-08 | $570,000 | 1,948 | 94.0% |
| 55 S BAKER DRIVE | 2025-05 | $345,000 | 1,718 | 101.6% |
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