The Fair Share Report
22 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $809,718 – $1,022,259, 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 $960,489 home should be assessed near $832,936.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,236 below what the ratio math suggests (5.6%).
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 $1.819 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%105%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 22 KERSHAW COURT | 2026-05 | $990,000 | 2,470 | 82.7% |
| 37 SHAFFER ROAD | 2026-05 | $967,000 | 2,464 | 81.4% |
| 4 LOFT DRIVE | 2026-03 | $739,000 | 2,454 | 100.3% |
| 33 LOFT DRIVE | 2025-03 | $710,000 | 2,454 | 105.2% |
| 11 ELMARA DRIVE | 2026-04 | $954,500 | 2,406 | 81.5% |
| 11 SCHAAL STREET | 2025-05 | $920,000 | 2,382 | 82.1% |
| 8 SCHAAL STREET | 2026-05 | $980,000 | 2,376 | 79.8% |
| 43 WHITEHEAD ROAD | 2026-04 | $800,000 | 2,351 | 78.7% |
| 10 JENNA DRIVE | 2025-01 | $888,000 | 2,329 | 89.3% |
| 17 CRAFT FARM DRIVE | 2026-04 | $955,000 | 2,288 | 79.2% |
| 12 LEWIS DRIVE | 2026-06 | $945,000 | 2,317 | 80.3% |
| 9 WENDOVER PLACE | 2025-05 | $918,000 | 2,250 | 82.8% |
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