The Fair Share Report

21 Stapleton Ct

Bridgewater, NJ 08807

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Bridgewater's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $851,158

Likely range $748,044 – $922,517, 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 $851,158 home should be assessed near $738,124.

Step 3 · Assessed value

$762,600

Set at the last town-wide revaluation and mostly frozen since. That's $24,476 above what the ratio math suggests (3.3%).

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 $1.799 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,717/yr
Public schools$9,332
Somerset County$2,625
Town of Bridgewater$1,760
Bridgewater average$10,962

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

Town median 84.0%
This home · 89.6%

68%107%

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

AddressSoldPriceSq ftRatio
4 LOFT DRIVE2026-03$739,0002,454100.3%
33 LOFT DRIVE2025-03$710,0002,454105.2%
234 JACKSON ST2026-06$891,0002,48090.0%
44 LINBERGER DR.2026-05$1,180,0002,69073.3%
45 LOFT DRIVE2026-04$802,0002,66285.7%
43 WHITEHEAD ROAD2026-04$800,0002,35178.7%
1 PURCELL ROAD WEST2025-04$990,0002,80891.1%
18 LOFT DRIVE2026-06$775,0002,31084.3%
19 FRANCIS DRIVE2025-03$835,9992,59493.7%
2 EVANS LANE2026-04$982,0002,62885.3%
19 FOREST AVE.2025-05$870,0002,79291.2%
22 KERSHAW COURT2026-05$990,0002,47082.7%

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