The Fair Share Report
15 Mapleton Rd
Old Bridge, NJ 08094
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 $621,151 – $667,748, 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 $643,183 home should be assessed near $182,214.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,786 above what the ratio math suggests (20.7%).
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%41%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (32.58%) — roughly $2,303/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 22 DAFFODIL WAY | 2025-08 | $645,000 | 2,130 | 28.3% |
| 41 CAPICA CT | 2026-02 | $595,000 | 1,998 | 30.8% |
| 49 ROZALYN LN | 2026-01 | $610,000 | 1,998 | 29.3% |
| 9 VAIL DR | 2025-04 | $1,120,000 | 2,248 | 20.5% |
| 12 RONDELL LN | 2026-04 | $625,000 | 1,998 | 29.3% |
| 6 RONDELL LN | 2026-03 | $608,500 | 1,998 | 24.8% |
| 29 CHIMNEY CT | 2025-07 | $592,500 | 1,998 | 30.8% |
| 8 RUSSELL CT | 2025-06 | $630,000 | 2,048 | 27.8% |
| 34 GATE LN | 2026-05 | $900,000 | 2,260 | 26.2% |
| 97 OSPREY DR | 2026-04 | $575,000 | 2,212 | 32.4% |
| 60 AMBER DR | 2026-03 | $620,000 | 2,212 | 25.0% |
| 7 OSPREY DR | 2025-06 | $650,000 | 2,212 | 23.5% |
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