Marcus Miller V5R Alder-4 TS

Personally, this bass sounds, looks and feels better than a Fender jazz. Very comfortable to hold with no neck dive, it has a silky smooth roasted maple neck (although my right hand can stick a bit on the gloss finish body). Pick-ups are loud and clear, with a thick and solid sound from the neck pick-up, and a raspy punch from the bridge pick-up (due to it having 70's positioning closer to the bridge). Although I don't mind the hum from single coil pick-ups, it is barely audible.
Musically, there are no special features as it's simply a jazz bass with two volumes and a tone control, but it does have a string through body for that extra depth of tone. Visually, the bass has cream binding to the neck, and pearl block inlays (something usually only found on more expensive basses) to give it a stunning 70's aesthetic - the only thing missing to complete the look is a red tortoiseshell pick guard (but it's easy enough to swap the black one out).
With so much bang for your buck, I doubt there's a better value bass guitar on the market right now.