The Fair Share Report

155 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

≈ $525,153

Likely range $449,012 – $575,116, 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 $525,153 home should be assessed near $148,776.

Step 3 · Assessed value

$128,800

Set at the last town-wide revaluation and mostly frozen since. That's $19,976 below what the ratio math suggests (13.4%).

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

$8,002/yr
Public schools$4,990
Middlesex County$1,518
Town of Old Bridge$1,494
Old Bridge average$9,590

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

Town median 24.8%
This home · 24.5%

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
3 HOMESTEAD DR2025-06$572,5001,65021.1%
18 HOMESTEAD DR2025-01$529,0001,65022.7%
71 STAGHORN DR2025-05$572,0001,61722.6%
10 COVENTRY CT2026-02$520,0001,60520.7%
120 DIAMOND LN2026-03$646,0001,66122.6%
145 WILCOX CT2025-06$457,0001,66326.6%
152 REDPINE LOOP2025-07$545,0001,72223.5%
64 BRAMBLE LN2025-12$533,0001,63521.5%
46 BRAMBLE LN2025-12$405,0001,63527.9%
40 EMERALD LN2026-02$600,0001,66123.8%
40 EMERALD LN2025-06$390,0001,66136.6%
10 KNOLL CT2025-04$485,0001,63523.2%

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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 →