The Fair Share Report
17 Mapleton Rd
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 $531,135 – $607,861, 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 $583,709 home should be assessed near $165,365.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,135 above what the ratio math suggests (20.0%).
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%43%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (32.58%) — roughly $2,019/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 RUSSELL CT | 2025-12 | $500,000 | 1,870 | 32.8% |
| 15 RUSSELL CT | 2025-12 | $530,000 | 1,870 | 32.0% |
| 11 DAFFODIL WAY | 2025-11 | $599,000 | 1,872 | 29.1% |
| 8 AMBER DR | 2025-11 | $540,000 | 1,872 | 32.3% |
| 31 CAPICA CT | 2025-09 | $500,000 | 1,750 | 32.9% |
| 3 ROZALYN LN | 2025-08 | $567,000 | 1,750 | 29.6% |
| 12 ROZALYN LN | 2025-05 | $565,000 | 1,750 | 29.7% |
| 41 CAPICA CT | 2026-02 | $595,000 | 1,998 | 30.8% |
| 49 ROZALYN LN | 2026-01 | $610,000 | 1,998 | 29.3% |
| 33 CHIMNEY CT | 2025-10 | $550,000 | 1,750 | 30.3% |
| 10 CHIMNEY CT | 2025-07 | $599,000 | 1,750 | 27.8% |
| 6209 FALSTON CIR | 2025-11 | $605,000 | 1,808 | 24.8% |
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