The Fair Share Report
157 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 $550,791 – $594,499, 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 $591,610 home should be assessed near $167,603.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,103 below what the ratio math suggests (6.6%).
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 |
|---|---|---|---|---|
| 53 CARMEL CT | 2025-08 | $580,000 | 1,958 | 23.2% |
| 49 NOTTINGHAM DR | 2025-06 | $620,000 | 2,089 | 24.4% |
| 121 REDPINE LOOP | 2025-01 | $525,000 | 2,150 | 27.6% |
| 9 PICARON PL | 2025-12 | $575,000 | 1,968 | 28.7% |
| 50 VICTORY CT | 2026-03 | $500,000 | 1,793 | 23.4% |
| 55 NOTTINGHAM DR | 2025-08 | $550,000 | 1,776 | 25.2% |
| 87 LEXINGTON CIR | 2025-11 | $500,000 | 1,900 | 24.2% |
| 123 LEXINGTON CIR | 2025-10 | $565,000 | 1,900 | 21.0% |
| 41 CAPICA CT | 2026-02 | $595,000 | 1,998 | 30.8% |
| 49 ROZALYN LN | 2026-01 | $610,000 | 1,998 | 29.3% |
| 12 RONDELL LN | 2026-04 | $625,000 | 1,998 | 29.3% |
| 6 RONDELL LN | 2026-03 | $608,500 | 1,998 | 24.8% |
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