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.

Step 1 · Market value

≈ $488,230

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

28.33%

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

$116,000

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

$6.094 per $100 assessed

$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%

Step 5 · The bill

$7,207/yr
Public schools$4,494
Middlesex County$1,367
Town of Old Bridge$1,346
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.8%

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
48 CARMEL CT2025-09$515,0001,51322.4%
104 DIAMOND LN2026-03$620,0001,45221.4%
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%
165 PENN CT2026-04$575,0001,52420.5%
81 LETTS CT2025-12$430,0001,52428.2%

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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 →