The Fair Share Report

33 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

≈ $554,219

Likely range $509,222 – $613,556, 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 $554,219 home should be assessed near $157,010.

Step 3 · Assessed value

$130,800

Set at the last town-wide revaluation and mostly frozen since. That's $26,210 below what the ratio math suggests (16.7%).

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

$8,127/yr
Public schools$5,067
Middlesex County$1,542
Town of Old Bridge$1,518
Old Bridge average$9,590

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

Town median 24.8%
This home · 23.6%

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
7 CORNELL RD2025-07$530,0001,44424.4%
22 WOODCREST DR2025-08$485,0001,43424.6%
3010 CHEESEQUAKE RD2026-02$495,0001,38826.4%
56 WASHINGTON AVE2026-04$575,0001,40823.0%
23 ORCHARD DR2026-05$565,0001,44021.5%
21 PRINCETON RD2025-07$585,0001,36822.4%
13 BEVERLY RD2025-10$625,0001,43419.5%
15 ANDOVER RD2025-09$550,0001,43421.6%
42 SHADY OAK ST2025-10$465,0001,38826.5%
104 SOUTHWOOD DR2026-04$391,0001,40831.5%
3052 BORDENTOWN AVE2025-01$490,0001,33825.6%
36 FARMBROOK DR2026-02$600,0001,40819.7%

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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 →