The Fair Share Report
161 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $382,943 – $440,482, 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 $419,363 home should be assessed near $118,806.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,406 below what the ratio math suggests (5.4%).
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 |
|---|---|---|---|---|
| 27 DORADO CT | 2025-02 | $385,000 | 1,348 | 25.8% |
| 99 NEILLY CT | 2025-11 | $410,000 | 1,360 | 22.7% |
| 100 NEILLY CT | 2025-08 | $420,000 | 1,360 | 22.2% |
| 51 MALIBU CT | 2026-05 | $429,000 | 1,380 | 27.6% |
| 107 NIGHTINGALE CT | 2026-05 | $430,000 | 1,382 | 24.4% |
| 26 FRONT CT | 2026-03 | $510,000 | 1,382 | 20.2% |
| 39 LEXINGTON CIR | 2025-09 | $425,000 | 1,380 | 27.3% |
| 106 WILSHIRE CT | 2026-04 | $370,000 | 1,418 | 31.1% |
| 70 PERCIVAL CT | 2026-03 | $450,000 | 1,418 | 24.7% |
| 93 WILSHIRE CT | 2025-12 | $455,000 | 1,418 | 24.0% |
| 135 ARCHERY CT | 2025-05 | $470,000 | 1,418 | 23.7% |
| 15 EXCALIBUR CT | 2025-01 | $460,000 | 1,418 | 24.5% |
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