The Fair Share Report

24 Blvd E

Old Bridge, NJ 07735

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

≈ $582,038

Likely range $526,725 – $593,452, 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 $582,038 home should be assessed near $164,891.

Step 3 · Assessed value

$121,500

Set at the last town-wide revaluation and mostly frozen since. That's $43,391 below what the ratio math suggests (26.3%).

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

$7,652/yr
Public schools$4,772
Middlesex County$1,452
Town of Old Bridge$1,429
Old Bridge average$9,590

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

Town median 24.8%
This home · 20.9%

15%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
70 WOODSHORE WEST2025-09$599,9001,42021.4%
58 PIEDMONT DR2025-03$598,0001,38023.6%
11 WELLESLEY RD2025-01$485,0001,39425.9%
27 HOLLY ST2025-10$555,0001,37324.6%
17 RITTNER LN2026-05$615,00023.1%
24 MABALINE RD2025-01$539,0001,35425.8%
100 BENTLEY AVE2025-11$565,0001,33423.3%
71 STEVENS AVE2025-04$665,0001,37320.2%
4 DARTMOUTH RD2026-04$250,0001,36851.1%
40 BLVD EAST2025-03$550,0001,43024.2%
36 FARMBROOK DR2026-02$600,0001,40819.7%
6 STONEYBROOK DR2025-06$590,0001,40821.0%

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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 →