The Fair Share Report

23 Mapleton Rd

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

≈ $655,451

Likely range $590,934 – $713,786, 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 $655,451 home should be assessed near $185,689.

Step 3 · Assessed value

$211,400

Set at the last town-wide revaluation and mostly frozen since. That's $25,711 above what the ratio math suggests (13.8%).

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

$13,134/yr
Public schools$8,190
Middlesex County$2,492
Town of Old Bridge$2,453
Old Bridge average$9,590

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

Town median 24.8%
This home · 32.3%

16%41%

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
4 JANIS CT2026-02$600,0001,92529.6%
3 MICHELLE AVE2025-09$529,0001,92532.6%
121 COMMUNITY CIR2025-04$600,0001,91527.2%
9 AMARA CT2025-11$625,0001,93426.1%
2 JAYNE ST2025-09$665,0001,93423.9%
31 CEDAR AVE2026-01$715,0001,91422.4%
15 OLD MILL RD2025-03$535,0001,93623.4%
281 PROSPECT AVE2026-05$680,0001,91223.5%
41 BROOKSIDE AVE2026-04$762,9501,91226.7%
564 MARLBORO RD2025-09$610,0001,93827.4%
40 GAZANIA DR2025-12$817,7771,91029.1%
48 CREIGHTON CIR2025-09$670,0001,91025.4%

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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 →