The Fair Share Report

31 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

≈ $558,462

Likely range $511,444 – $622,047, 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 $558,462 home should be assessed near $158,212.

Step 3 · Assessed value

$129,400

Set at the last town-wide revaluation and mostly frozen since. That's $28,812 below what the ratio math suggests (18.2%).

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

$8,150/yr
Public schools$5,082
Middlesex County$1,546
Town of Old Bridge$1,522
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.2%

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
107 BLVD WEST2026-04$485,0001,42224.7%
40 BLVD EAST2025-03$550,0001,43024.2%
43 THROCKMORTON LN2025-05$650,0001,38024.6%
1 HANSEN RD2026-01$605,0001,53625.5%
11 JERSEY AVE2026-06$675,0001,52923.0%
44 YORK ST2025-07$642,0001,52923.7%
62 GRACE DR2025-09$650,0001,54422.3%
111 BENTLEY AVE2026-03$300,0001,33243.5%
1 JACOB ST2025-02$600,0001,38024.0%
7 CORNELL RD2025-07$530,0001,44424.4%
6 THOMAS CT2025-03$580,0001,54425.8%
3010 CHEESEQUAKE RD2026-02$495,0001,38826.4%

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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 →