The Fair Share Report

149 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

≈ $537,613

Likely range $467,554 – $612,501, 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 $537,613 home should be assessed near $152,306.

Step 3 · Assessed value

$136,400

Set at the last town-wide revaluation and mostly frozen since. That's $15,906 below what the ratio math suggests (10.4%).

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

$8,475/yr
Public schools$5,284
Middlesex County$1,608
Town of Old Bridge$1,583
Old Bridge average$9,590

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

Town median 24.8%
This home · 25.4%

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
152 REDPINE LOOP2025-07$545,0001,72223.5%
55 NOTTINGHAM DR2025-08$550,0001,77625.2%
3 HOMESTEAD DR2025-06$572,5001,65021.1%
18 HOMESTEAD DR2025-01$529,0001,65022.7%
120 DIAMOND LN2026-03$646,0001,66122.6%
48 PERCIVAL CT2025-08$465,0001,78126.4%
71 STAGHORN DR2025-05$572,0001,61722.6%
130 PENDLETON PL2024-12$490,0001,71627.1%
145 WILCOX CT2025-06$457,0001,66326.6%
70 LEXINGTON CIR2025-08$535,0001,80222.9%
9 FOREST GARDENS DR2025-09$463,9201,72028.4%
30 FOREST GARDENS DR2025-08$532,5001,72025.4%

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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 →