The Fair Share Report

95 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.

Step 1 · Market value

≈ $797,109

Likely range $771,840 – $1,013,818, from 12 comparable Jackson sales in the past 18 months, at this home's 2,421 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 $797,109 home should be assessed near $792,326.

Step 3 · Assessed value

$1,138,800

Set at the last town-wide revaluation and mostly frozen since. That's $346,474 above what the ratio math suggests (43.7%).

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

$16,823/yr
Public schools$9,487
Ocean County$3,887
Town of Jackson$3,450
Jackson average$9,047

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

Town median 97.2%
This home · 142.9%

76%153%

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 $4,802/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8 REAGAN DRIVE2025-08$999,9992,38889.6%
30 BRIDGEWATER COURT2025-03$1,300,0002,41172.0%
1 MAGPIE COURT2025-07$779,0002,366100.2%
2 KINDLING WAY2025-10$699,0002,478104.8%
3 CARROLL COURT2025-11$759,0002,423106.4%
1127 TOMS RIVER ROAD2025-03$742,0002,433106.5%
7 MITCHELL COURT2025-08$845,0002,526112.0%
231 CRESCENT AVENUE2025-11$770,0002,36997.2%
6 KINDLING WAY2025-09$761,0002,38797.7%
5 KINDLING WAY2025-04$760,0002,364100.2%
156 FARMERS LANE2025-01$1,250,0002,44975.4%
3 WELLESLY COURT2025-09$919,0002,522100.4%

Is this your house?

Run your own report →

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 →