The Fair Share Report

2 Overlook

High Bridge, NJ 08829

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

≈ $213,281

Likely range $142,737 – $275,434, from 8 comparable High Bridge sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

92.57%

The state's official measure of how far High Bridge assessments sit below market value — republished every October, applied town-wide. A $213,281 home should be assessed near $197,434.

Step 3 · Assessed value

$165,000

Set at the last town-wide revaluation and mostly frozen since. That's $32,434 below what the ratio math suggests (16.4%).

Step 4 · The tax rate — same for every High Bridge home

$3.324 per $100 assessed

$2.160 Schools · 65% $0.387 County · 12% $0.777 Town · 23%

This home's own bill implies $3.161 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,215/yr
Public schools$3,389
Hunterdon County$607
Town of High Bridge$1,219
High Bridge average$11,299

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

Town median 96.9%
This home · 77.4%

54%121%

Paying about right

This home's ratio lands inside High 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
2 PLEASANT ROAD2025-01$210,0001,104105.8%
34 NORTHWOOD2025-02$207,0001,196109.0%
12 DENNIS AVENUE2026-05$276,0001,10490.4%
42 TAYLOR ST2025-01$330,0001,024103.7%
16 SUPERFINE ROAD2025-06$250,000704105.6%
48 JERRICHO ROAD2026-01$500,0001,09296.9%
14 MARYLAND AVE2026-05$440,0001,434104.6%
29 CHURCH ST2025-03$375,0001,44088.9%

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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 →