The Fair Share Report

1663 Donahue Rd

Bridgewater, NJ 08805

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

≈ $520,322

Likely range $296,180 – $620,634, from 12 comparable Bridgewater sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

86.72%

The state's official measure of how far Bridgewater assessments sit below market value — republished every October, applied town-wide. A $520,322 home should be assessed near $451,223.

Step 3 · Assessed value

$535,300

Set at the last town-wide revaluation and mostly frozen since. That's $84,077 above what the ratio math suggests (18.6%).

Step 4 · The tax rate — same for every Bridgewater home

$1.901 per $100 assessed

$1.294 Schools · 68% $0.364 County · 19% $0.244 Town · 13%

This home's own bill implies $1.821 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,747/yr
Public schools$6,632
Somerset County$1,865
Town of Bridgewater$1,250
Bridgewater average$10,962

This home vs. every recent Bridgewater sale · assessed ÷ market

Town median 84.0%
This home · 102.9%

68%186%

Paying about right

This home's ratio lands inside Bridgewater'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
467 BAYBERRY ROAD2026-05$400,0001,174108.7%
543 ALLETRA AVE2025-01$500,0001,27299.8%
167 BRAHMA AVENUE2025-06$551,0001,38375.2%
1543 MOUNTAIN TOP RD.2025-05$855,0001,51468.7%
153 HILLSIDE AVENUE2025-02$575,0001,24178.1%
11 DARTMOUTH AVE.2025-04$285,0001,12584.5%
10 STANFORD DR.2025-04$230,0001,125104.7%
8 STANFORD DR.2025-03$285,0001,12585.2%
1045 PAPEN ROAD2026-03$875,0001,44071.1%
1054 PAPEN ROAD2025-05$630,0001,46084.8%
7 KATHLEEN PLACE2025-02$700,0001,69982.7%
731 ROUTE 2022026-03$325,0001,32299.3%

Is this your house?

Run your own report →

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 →