The Fair Share Report
92 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 $585,000 – $712,208, from 12 comparable Jackson sales in the past 18 months, at this home's 2,184 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 $639,388 home should be assessed near $635,552.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $118,848 above what the ratio math suggests (18.7%).
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%134%
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 $1,647/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 176 FRANK APPLEGATE ROAD | 2025-11 | $620,000 | 2,166 | 123.8% |
| 840 FARMINGDALE ROAD | 2025-08 | $518,000 | 2,146 | 135.5% |
| 62 WHITESVILLE ROAD | 2026-04 | $808,000 | 2,275 | 58.0% |
| 1338 W VETERANS HIGHWAY | 2025-07 | $639,000 | 2,182 | 105.4% |
| 243 TOMS RIVER ROAD | 2025-12 | $640,000 | 2,328 | 109.8% |
| 1264 ALDRICH ROAD | 2025-01 | $500,000 | 2,384 | 127.7% |
| 1 SUNBIRD COURT | 2025-04 | $825,000 | 2,196 | 81.3% |
| 39 AIDAN LANE | 2025-09 | $678,000 | 2,172 | 101.8% |
| 32 OLIVIA WAY | 2025-01 | $790,000 | 2,172 | 89.4% |
| 406 BURKE ROAD | 2026-05 | $647,000 | 2,210 | 103.0% |
| 110 N HOPE CHAPEL ROAD | 2026-03 | $600,000 | 2,240 | 93.0% |
| 169 S HOPE CHAPEL ROAD | 2026-01 | $917,000 | 2,812 | 93.1% |
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