The Fair Share Report

20 Pendleton Pl

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

≈ $405,263

Likely range $392,357 – $436,364, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,280 sq ft.

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 $405,263 home should be assessed near $114,811.

Step 3 · Assessed value

$122,600

Set at the last town-wide revaluation and mostly frozen since. That's $7,789 above what the ratio math suggests (6.8%).

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

$7,756/yr
Public schools$4,836
Middlesex County$1,471
Town of Old Bridge$1,448
Old Bridge average$9,590

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

Town median 24.8%
This home · 30.3%

16%38%

A touch high — worth watching

This home's ratio sits above most of Old Bridge, but doesn't clear NJ's legal appeal line (32.58%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
181 HEYWOOD CT2026-01$400,0001,27627.2%
95 REYNOLDS CT2025-10$420,0001,27625.9%
35 LAURIE CT2025-10$430,0001,27625.3%
121 BOWNE CT2025-04$435,0001,27625.7%
106 NEILLY CT2025-09$385,0001,25622.6%
46 ELLEN HEATH DR2025-12$363,7341,27022.9%
813 DARLINGTON DR2025-08$432,5001,27920.8%
46 LANE CT2026-04$395,0001,25622.5%
11 SHEFFIELD CT2026-04$445,0001,25327.1%
27 DORADO CT2025-02$385,0001,34825.8%
175 PENN CT2026-06$385,0001,21624.7%
65 LAURIE CT2026-01$375,5001,21630.0%

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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 →