The Fair Share Report

155 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

≈ $425,308

Likely range $392,656 – $430,377, 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 $425,308 home should be assessed near $120,490.

Step 3 · Assessed value

$114,900

Set at the last town-wide revaluation and mostly frozen since. That's $5,590 below what the ratio math suggests (4.6%).

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

$7,269/yr
Public schools$4,532
Middlesex County$1,379
Town of Old Bridge$1,357
Old Bridge average$9,590

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

Town median 24.8%
This home · 27.0%

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
51 MALIBU CT2026-05$429,0001,38027.6%
39 LEXINGTON CIR2025-09$425,0001,38027.3%
107 NIGHTINGALE CT2026-05$430,0001,38224.4%
26 FRONT CT2026-03$510,0001,38220.2%
99 NEILLY CT2025-11$410,0001,36022.7%
100 NEILLY CT2025-08$420,0001,36022.2%
27 DORADO CT2025-02$385,0001,34825.8%
155 PENN CT2026-04$485,0001,41223.1%
76 LETTS CT2025-11$406,0001,41228.8%
167 PENN CT2025-09$360,0001,41231.1%
182 HEYWOOD CT2025-05$435,0001,41226.6%
39 LAURIE CT2025-03$405,0001,41227.7%

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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 →