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
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
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
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
$1.294 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
This home vs. every recent Bridgewater sale · assessed ÷ market
68%107%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 LOFT DRIVE | 2026-03 | $739,000 | 2,454 | 100.3% |
| 33 LOFT DRIVE | 2025-03 | $710,000 | 2,454 | 105.2% |
| 234 JACKSON ST | 2026-06 | $891,000 | 2,480 | 90.0% |
| 44 LINBERGER DR. | 2026-05 | $1,180,000 | 2,690 | 73.3% |
| 45 LOFT DRIVE | 2026-04 | $802,000 | 2,662 | 85.7% |
| 43 WHITEHEAD ROAD | 2026-04 | $800,000 | 2,351 | 78.7% |
| 1 PURCELL ROAD WEST | 2025-04 | $990,000 | 2,808 | 91.1% |
| 18 LOFT DRIVE | 2026-06 | $775,000 | 2,310 | 84.3% |
| 19 FRANCIS DRIVE | 2025-03 | $835,999 | 2,594 | 93.7% |
| 2 EVANS LANE | 2026-04 | $982,000 | 2,628 | 85.3% |
| 19 FOREST AVE. | 2025-05 | $870,000 | 2,792 | 91.2% |
| 22 KERSHAW COURT | 2026-05 | $990,000 | 2,470 | 82.7% |
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