The Fair Share Report
159 Devon Ct
Old Bridge, NJ 08750
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 $307,661 – $366,189, 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 $329,356 home should be assessed near $93,307.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,607 below what the ratio math suggests (13.5%).
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 |
|---|---|---|---|---|
| 380 MINSTREL CT | 2025-10 | $336,000 | 916 | 22.8% |
| 69 PERCIVAL CT | 2026-03 | $320,000 | 916 | 22.3% |
| 17 EXCALIBUR CT | 2025-11 | $311,000 | 916 | 23.4% |
| 171 BRISTOL CT | 2025-12 | $475,000 | 1,041 | 20.4% |
| 194 YORKSHIRE CT | 2025-06 | $395,000 | 1,041 | 24.6% |
| 338 JESTER CT | 2025-03 | $400,000 | 1,041 | 24.9% |
| 268 BISHOP CT | 2025-05 | $410,000 | 1,041 | 23.1% |
| 5-C PENNSYLVANIA DR | 2025-10 | $307,500 | 949 | 20.4% |
| 5-C PENNSYLVANIA DR | 2025-04 | $220,000 | 949 | 28.6% |
| 2-D MAINE CT | 2025-03 | $300,000 | 949 | 20.5% |
| 45 VICTORY CT | 2025-08 | $455,000 | 1,056 | 22.1% |
| 22 VICTORY CT | 2025-08 | $370,000 | 1,056 | 27.2% |
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