The Fair Share Report

140 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

≈ $485,932

Likely range $465,414 – $623,646, 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 $485,932 home should be assessed near $137,665.

Step 3 · Assessed value

$115,300

Set at the last town-wide revaluation and mostly frozen since. That's $22,365 below what the ratio math suggests (16.2%).

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

$7,164/yr
Public schools$4,467
Middlesex County$1,359
Town of Old Bridge$1,338
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.7%

13%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
104 DIAMOND LN2026-03$620,0001,45221.4%
48 CARMEL CT2025-09$515,0001,51322.4%
806 DARLINGTON DR2025-09$460,0001,41620.5%
801 DARLINGTON DR2025-09$490,0001,41619.8%
835 DARLINGTON DR2025-08$470,0001,41620.1%
270 SILVER LN2025-12$635,0001,45220.9%
255 GARTH CT2025-11$470,0001,41823.8%
251 CHAUCER CT2025-06$450,0001,41825.5%
216 YORKSHIRE CT2025-04$419,0001,41826.1%
234 CHAUCER CT2025-02$470,0001,41823.7%
36 EMERALD LN2025-03$600,0001,45221.6%
160 GOLDMINE LN2025-11$610,0361,45421.7%

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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 →