The Fair Share Report

19 Farmbrook Dr

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.

Step 1 · Market value

≈ $620,000

Likely range $560,149 – $684,218, 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 $620,000 home should be assessed near $175,646.

Step 3 · Assessed value

$147,800

Set at the last town-wide revaluation and mostly frozen since. That's $27,846 below what the ratio math suggests (15.9%).

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

$9,183/yr
Public schools$5,726
Middlesex County$1,742
Town of Old Bridge$1,715
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.8%

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
306 AUSTIN AVE2025-12$600,0001,59021.2%
36 STONEYBROOK DR2025-06$580,0001,40820.5%
92 SOUTHWOOD DR2025-08$650,0001,64419.6%
22 SYCAMORE DR2026-01$570,0001,64822.4%
38 OCEAN BLVD2026-05$630,0001,76620.5%
21 STONEYBROOK DR2025-08$615,0001,66020.5%
11 GLEN AVE2026-05$710,0001,62222.5%
16 TWAIN AVE2026-03$695,0001,66622.4%
8 FARMBROOK DR2025-08$549,0001,56021.6%
32 SOUTHWOOD DR2025-07$610,0001,56023.9%
27 SUNRISE RD2025-07$620,0001,50820.8%
23 HEATHER DR2025-05$640,0001,65922.4%

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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 →