The Fair Share Report
109 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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%
Step 5 · The bill
This home vs. every recent Old Bridge sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 KNOLL CT | 2025-04 | $485,000 | 1,635 | 23.2% |
| 64 BRAMBLE LN | 2025-12 | $533,000 | 1,635 | 21.5% |
| 46 BRAMBLE LN | 2025-12 | $405,000 | 1,635 | 27.9% |
| 53 THORN LN | 2026-02 | $485,000 | 1,670 | 24.1% |
| 10 COVENTRY CT | 2026-02 | $520,000 | 1,605 | 20.7% |
| 145 WILCOX CT | 2025-06 | $457,000 | 1,663 | 26.6% |
| 130 PENDLETON PL | 2024-12 | $490,000 | 1,716 | 27.1% |
| 44 TOWNSEND DR | 2025-04 | $390,000 | 1,598 | 31.3% |
| 71 STAGHORN DR | 2025-05 | $572,000 | 1,617 | 22.6% |
| 120 DIAMOND LN | 2026-03 | $646,000 | 1,661 | 22.6% |
| 165 PENN CT | 2026-04 | $575,000 | 1,524 | 20.5% |
| 81 LETTS CT | 2025-12 | $430,000 | 1,524 | 28.2% |
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