The Fair Share Report
154 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $443,349 – $538,403, 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 $488,230 home should be assessed near $138,316.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,316 below what the ratio math suggests (16.1%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 48 CARMEL CT | 2025-09 | $515,000 | 1,513 | 22.4% |
| 104 DIAMOND LN | 2026-03 | $620,000 | 1,452 | 21.4% |
| 806 DARLINGTON DR | 2025-09 | $460,000 | 1,416 | 20.5% |
| 801 DARLINGTON DR | 2025-09 | $490,000 | 1,416 | 19.8% |
| 835 DARLINGTON DR | 2025-08 | $470,000 | 1,416 | 20.1% |
| 270 SILVER LN | 2025-12 | $635,000 | 1,452 | 20.9% |
| 255 GARTH CT | 2025-11 | $470,000 | 1,418 | 23.8% |
| 251 CHAUCER CT | 2025-06 | $450,000 | 1,418 | 25.5% |
| 216 YORKSHIRE CT | 2025-04 | $419,000 | 1,418 | 26.1% |
| 234 CHAUCER CT | 2025-02 | $470,000 | 1,418 | 23.7% |
| 165 PENN CT | 2026-04 | $575,000 | 1,524 | 20.5% |
| 81 LETTS CT | 2025-12 | $430,000 | 1,524 | 28.2% |
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