The Fair Share Report

2 Aster Cir

Old Bridge, NJ 07751

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

≈ $1,248,581

Likely range $1,158,741 – $1,305,602, 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 $1,248,581 home should be assessed near $353,723.

Step 3 · Assessed value

$326,500

Set at the last town-wide revaluation and mostly frozen since. That's $27,223 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

$20,654/yr
Public schools$12,879
Middlesex County$3,918
Town of Old Bridge$3,857
Old Bridge average$9,590

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

Town median 24.8%
This home · 26.1%

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
269 COTTRELL RD2025-05$665,0003,29629.1%
7 OVERHILL DR2025-08$1,195,0003,36925.5%
101 AUTUMN RD2025-06$1,120,0003,35426.7%
22 AMAGANSETT LN2025-07$1,100,0003,39731.8%
265 COTTRELL RD2026-03$1,500,0004,35724.4%
31 MC GOWAN CT2025-08$700,0002,95525.8%
22 REDDINGTON DR2025-01$1,155,0003,25622.9%
53 KIRSCHMAN DR2025-08$1,150,0003,25625.1%
2 TUSCORORA CIR2025-06$905,0002,82832.6%
62 HIBISCUS CT2025-05$1,035,0002,54828.7%
242 GREEN ST2025-09$850,0003,01331.2%
51 HIBISCUS CT2025-09$998,0002,82434.0%

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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 →