The Fair Share Report

100 Pendleton Pl

Old Bridge, NJ 08857

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

≈ $478,177

Likely range $437,460 – $584,684, from 12 comparable Old Bridge sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

28.33%

The state's official measure of how far Old Bridge assessments sit below market value — republished every October, applied town-wide. A $478,177 home should be assessed near $135,468.

Step 3 · Assessed value

$127,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,668 below what the ratio math suggests (5.7%).

Step 4 · The tax rate — same for every Old Bridge home

$6.094 per $100 assessed

$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%

Step 5 · The bill

$8,085/yr
Public schools$5,041
Middlesex County$1,534
Town of Old Bridge$1,510
Old Bridge average$9,590

This home vs. every recent Old Bridge sale · assessed ÷ market

Town median 24.8%
This home · 26.7%

16%38%

Paying about right

This home's ratio lands inside Old Bridge's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
10 KNOLL CT2025-04$485,0001,63523.2%
64 BRAMBLE LN2025-12$533,0001,63521.5%
46 BRAMBLE LN2025-12$405,0001,63527.9%
53 THORN LN2026-02$485,0001,67024.1%
10 COVENTRY CT2026-02$520,0001,60520.7%
145 WILCOX CT2025-06$457,0001,66326.6%
130 PENDLETON PL2024-12$490,0001,71627.1%
44 TOWNSEND DR2025-04$390,0001,59831.3%
71 STAGHORN DR2025-05$572,0001,61722.6%
120 DIAMOND LN2026-03$646,0001,66122.6%
165 PENN CT2026-04$575,0001,52420.5%
81 LETTS CT2025-12$430,0001,52428.2%

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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 →