The Fair Share Report

32 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

≈ $574,026

Likely range $510,754 – $621,597, 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 $574,026 home should be assessed near $162,622.

Step 3 · Assessed value

$131,600

Set at the last town-wide revaluation and mostly frozen since. That's $31,022 below what the ratio math suggests (19.1%).

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

$8,176/yr
Public schools$5,098
Middlesex County$1,551
Town of Old Bridge$1,527
Old Bridge average$9,590

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

Town median 24.8%
This home · 22.9%

16%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
45 PIERSOLL RD2026-03$525,0001,48424.4%
23 ORCHARD DR2026-05$565,0001,44021.5%
13 BEVERLY RD2025-10$625,0001,43419.5%
15 ANDOVER RD2025-09$550,0001,43421.6%
8 CONCORD DR2025-09$575,0001,46622.5%
22 WOODCREST DR2025-08$485,0001,43424.6%
36 FARMBROOK DR2026-02$600,0001,40819.7%
46 ATHENS AVE2025-08$550,0001,52024.4%
6 STONEYBROOK DR2025-06$590,0001,40821.0%
11 LINCROFT AVE2026-06$645,0001,49423.0%
104 SOUTHWOOD DR2026-04$391,0001,40831.5%
21 MABALINE RD2026-06$555,0001,49425.2%

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 →