The Fair Share Report

153 Devon Ct

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

≈ $404,656

Likely range $366,895 – $439,564, 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 $404,656 home should be assessed near $114,639.

Step 3 · Assessed value

$98,900

Set at the last town-wide revaluation and mostly frozen since. That's $15,739 below what the ratio math suggests (13.7%).

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

$6,256/yr
Public schools$3,901
Middlesex County$1,187
Town of Old Bridge$1,168
Old Bridge average$9,590

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

Town median 24.8%
This home · 24.4%

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
105 NEILLY CT2026-05$382,5001,18422.3%
107 BLAKE CT2026-04$395,0001,18421.4%
20 LINDSEY CIR2025-08$410,0001,17620.4%
83 NICOLE CT2025-04$405,0001,17620.7%
15 LINDSEY CIR2026-01$370,0001,18423.0%
92 LEXINGTON CIR2026-05$450,0001,21425.0%
12 LISA CT2025-10$445,0001,21825.2%
140 WILCOX CT2025-06$450,0001,21425.4%
175 PENN CT2026-06$385,0001,21624.7%
65 LAURIE CT2026-01$375,5001,21630.0%
152 PENN CT2025-05$450,0001,21626.9%
24 ELLEN HEATH DR2025-04$375,0001,16323.3%

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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 →