The Fair Share Report

31 Farmbrook Dr

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

≈ $634,265

Likely range $549,330 – $683,403, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,712 sq ft.

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 $634,265 home should be assessed near $179,687.

Step 3 · Assessed value

$133,700

Set at the last town-wide revaluation and mostly frozen since. That's $45,987 below what the ratio math suggests (25.6%).

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

$8,307/yr
Public schools$5,180
Middlesex County$1,576
Town of Old Bridge$1,551
Old Bridge average$9,590

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

Town median 24.8%
This home · 21.1%

14%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
111 CINDY ST2026-06$525,0001,66629.5%
21 STONEYBROOK DR2025-08$615,0001,66020.5%
161 CINDY ST2025-03$665,0001,71623.0%
62 STEVENS AVE2026-05$615,0001,76023.0%
37 CAROLE PL2025-07$600,0001,66625.0%
1 YORK ST2025-06$670,0001,63623.3%
23 GERARD AVE2025-07$650,0001,74624.1%
5 HAROLD ST2026-04$525,0001,76029.4%
22 KENNETH AVE2025-05$704,0001,66623.1%
5 GRACE DR2025-12$685,0001,71623.8%
22 SYCAMORE DR2026-01$570,0001,64822.4%
27 YORK ST2025-08$705,0001,70321.4%

Is this your house?

Run your own report →

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 →