The Fair Share Report

121 Redpine Loop

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

≈ $636,874

Likely range $599,554 – $640,265, from 12 comparable Old Bridge sales in the past 18 months, at this home's 2,150 sq ft.

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 $636,874 home should be assessed near $180,426.

Step 3 · Assessed value

$145,000

Set at the last town-wide revaluation and mostly frozen since. That's $35,426 below what the ratio math suggests (19.6%).

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

$9,009/yr
Public schools$5,618
Middlesex County$1,709
Town of Old Bridge$1,682
Old Bridge average$9,590

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

Town median 24.8%
This home · 22.8%

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
49 NOTTINGHAM DR2025-06$620,0002,08924.4%
53 CARMEL CT2025-08$580,0001,95823.2%
74 LEXINGTON CIR2025-12$525,0002,20425.6%
9 PICARON PL2025-12$575,0001,96828.7%
50 VICTORY CT2026-03$500,0001,79323.4%
34 GATE LN2026-05$900,0002,26026.2%
22 DAFFODIL WAY2025-08$645,0002,13028.3%
87 LEXINGTON CIR2025-11$500,0001,90024.2%
123 LEXINGTON CIR2025-10$565,0001,90021.0%
97 OSPREY DR2026-04$575,0002,21232.4%
60 AMBER DR2026-03$620,0002,21225.0%
7 OSPREY DR2025-06$650,0002,21223.5%

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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 →