The Fair Share Report

164 Devon Ct

Old Bridge, NJ 07726

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

≈ $381,852

Likely range $363,668 – $400,000, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,041 sq ft.

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 $381,852 home should be assessed near $108,179.

Step 3 · Assessed value

$99,900

Set at the last town-wide revaluation and mostly frozen since. That's $8,279 below what the ratio math suggests (7.7%).

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

$6,320/yr
Public schools$3,941
Middlesex County$1,199
Town of Old Bridge$1,180
Old Bridge average$9,590

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

Town median 24.8%
This home · 26.2%

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
171 BRISTOL CT2025-12$475,0001,04120.4%
194 YORKSHIRE CT2025-06$395,0001,04124.6%
338 JESTER CT2025-03$400,0001,04124.9%
268 BISHOP CT2025-05$410,0001,04123.1%
45 VICTORY CT2025-08$455,0001,05622.1%
22 VICTORY CT2025-08$370,0001,05627.2%
226 CHAUCER CT2025-11$390,0001,07024.4%
380 MINSTREL CT2025-10$336,00091622.8%
69 PERCIVAL CT2026-03$320,00091622.3%
17 EXCALIBUR CT2025-11$311,00091623.4%
92 LEXINGTON CIR2026-05$450,0001,21425.0%
12 LISA CT2025-10$445,0001,21825.2%

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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 →