The Fair Share Report
12 Farmbrook Dr
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 $505,000 – $610,000, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,560 sq ft.
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 $549,000 home should be assessed near $155,532.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,032 below what the ratio math suggests (25.1%).
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
14%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 |
|---|---|---|---|---|
| 8 FARMBROOK DR | 2025-08 | $549,000 | 1,560 | 21.6% |
| 32 SOUTHWOOD DR | 2025-07 | $610,000 | 1,560 | 23.9% |
| 106 ATHENS AVE | 2026-02 | $420,000 | 1,560 | 33.8% |
| 32 WASHINGTON AVE | 2025-10 | $505,000 | 1,560 | 29.3% |
| 55 SOUTHWOOD DR | 2025-02 | $500,000 | 1,560 | 24.3% |
| 24 MERCURY CIR | 2025-12 | $530,000 | 1,560 | 27.3% |
| 16 MERCURY CIR | 2025-07 | $680,000 | 1,560 | 21.6% |
| 46 ATHENS AVE | 2025-08 | $550,000 | 1,520 | 24.4% |
| 25 VENUS RD | 2026-03 | $510,000 | 1,560 | 26.8% |
| 15 CRASSAS ST | 2025-07 | $675,000 | 1,530 | 21.5% |
| 15 CRASSAS ST | 2025-03 | $435,000 | 1,530 | 33.3% |
| 17 YORK ST | 2025-10 | $560,000 | 1,529 | 26.6% |
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