The Fair Share Report

2 Stapleton Ct

Bridgewater, NJ 08807

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

≈ $754,402

Likely range $651,750 – $931,630, 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 $754,402 home should be assessed near $654,217.

Step 3 · Assessed value

$713,100

Set at the last town-wide revaluation and mostly frozen since. That's $58,883 above what the ratio math suggests (9.0%).

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 $1.826 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,021/yr
Public schools$8,858
Somerset County$2,492
Town of Bridgewater$1,670
Bridgewater average$10,962

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

Town median 84.0%
This home · 94.5%

68%115%

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
77 LOFT DRIVE2025-04$690,0002,19295.7%
36 FRANCIS DRIVE2025-04$880,0002,25584.0%
18 LOFT DRIVE2026-06$775,0002,31084.3%
43 WHITEHEAD ROAD2026-04$800,0002,35178.7%
14 STRYKER CT.2025-06$615,0002,13286.7%
73 STRYKER CT.2025-05$485,0002,132108.3%
9 WENDOVER PLACE2025-05$918,0002,25082.8%
11 WEXFORD WAY2025-05$875,0002,11582.8%
17 CRAFT FARM DRIVE2026-04$955,0002,28879.2%
12 LEWIS DRIVE2026-06$945,0002,31780.3%
23 WALTERS BROOK DR.2025-05$760,0001,99794.9%
81 PINE STREET2026-05$710,0002,23668.5%

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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 →