The Fair Share Report

3 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.

Step 1 · Market value

≈ $763,344

Likely range $724,214 – $907,100, 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 $763,344 home should be assessed near $661,972.

Step 3 · Assessed value

$737,800

Set at the last town-wide revaluation and mostly frozen since. That's $75,828 above what the ratio math suggests (11.5%).

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 $1.816 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,395/yr
Public schools$9,113
Somerset County$2,563
Town of Bridgewater$1,718
Bridgewater average$10,962

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

Town median 84.0%
This home · 96.7%

68%107%

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)

AddressSoldPriceSq ftRatio
4 LOFT DRIVE2026-03$739,0002,454100.3%
33 LOFT DRIVE2025-03$710,0002,454105.2%
43 WHITEHEAD ROAD2026-04$800,0002,35178.7%
9 JOANNE COURT2025-04$975,0002,27480.8%
18 LOFT DRIVE2026-06$775,0002,31084.3%
17 REVERE AVE2026-06$925,0002,53580.6%
45 LOFT DRIVE2026-04$802,0002,66285.7%
6 DUKE CT.2025-05$800,0002,64394.0%
1 ERIN CT.2025-02$950,0002,44481.8%
77 LOFT DRIVE2025-04$690,0002,19295.7%
14 STRYKER CT.2025-06$615,0002,13286.7%
73 STRYKER CT.2025-05$485,0002,132108.3%

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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 →