The Fair Share Report

20 Pine Ave

Old Bridge, NJ 08879

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

≈ $632,250

Likely range $582,718 – $697,899, 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 $632,250 home should be assessed near $179,116.

Step 3 · Assessed value

$151,200

Set at the last town-wide revaluation and mostly frozen since. That's $27,916 below what the ratio math suggests (15.6%).

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

$9,565/yr
Public schools$5,964
Middlesex County$1,814
Town of Old Bridge$1,786
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.9%

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
52 OWENS RD2025-10$645,0001,72025.3%
10 ARVIN RD2025-01$660,0001,81425.1%
14 GRAMERCY RD2025-06$628,0001,74225.2%
9 PIEDMONT DR2025-03$580,0001,65925.2%
29 DUMAS RD2025-07$720,0001,65222.9%
5 GRACE DR2025-12$685,0001,71623.8%
46 OWENS RD2026-02$685,0001,61023.8%
65 CREIGHTON CIR2025-10$550,0001,58628.4%
429 LEA AVE2026-05$450,0001,70830.5%
2 MICHAEL CT2026-03$680,0001,66422.7%
216 COMMUNITY CIR2025-03$670,0001,66023.3%
145 WILCOX CT2025-06$457,0001,66326.6%

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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 →