The Fair Share Report

16 Blvd E

Old Bridge, NJ 07735

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

≈ $651,620

Likely range $539,211 – $725,355, 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 $651,620 home should be assessed near $184,604.

Step 3 · Assessed value

$147,800

Set at the last town-wide revaluation and mostly frozen since. That's $36,804 below what the ratio math suggests (19.9%).

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

$9,308/yr
Public schools$5,804
Middlesex County$1,766
Town of Old Bridge$1,738
Old Bridge average$9,590

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

Town median 24.8%
This home · 22.7%

15%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
42 BLVD EAST2025-10$460,0001,74229.4%
27 YORK ST2025-08$705,0001,70321.4%
17 RITTNER LN2026-05$615,00023.1%
23 GERARD AVE2025-07$650,0001,74624.1%
138 WASHINGTON AVE2026-05$675,0001,79221.5%
16 TWAIN AVE2026-03$695,0001,66622.4%
161 CINDY ST2025-03$665,0001,71623.0%
26 EXETER ST2026-03$685,0001,80423.2%
23 HEATHER DR2025-05$640,0001,65922.4%
68 ATHENS AVE2025-02$675,0001,79022.6%
37 SHIRLEY BLVD2025-12$503,0001,85226.8%
78 WASHINGTON AVE2026-04$575,0001,79223.8%

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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 →