The Fair Share Report

357 E Greystone Rd

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

≈ $930,235

Likely range $838,248 – $956,556, from 12 comparable Old Bridge sales in the past 18 months, at this home's 2,737 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 $930,235 home should be assessed near $263,536.

Step 3 · Assessed value

$271,000

Set at the last town-wide revaluation and mostly frozen since. That's $7,464 above what the ratio math suggests (2.8%).

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

$16,837/yr
Public schools$10,499
Middlesex County$3,194
Town of Old Bridge$3,144
Old Bridge average$9,590

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

Town median 24.8%
This home · 29.1%

16%38%

A touch high — worth watching

This home's ratio sits above most of Old Bridge, but doesn't clear NJ's legal appeal line (32.58%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
4409 HWY 5162025-01$970,0002,85428.9%
22 ELEANOR ST2025-04$875,0002,85730.7%
19 HELENE ST2026-01$915,0002,85728.3%
19 HELENE ST2025-10$900,0002,85728.7%
16 MAPLETON RD2026-04$970,0002,78729.4%
11 MARKHAM CIR2025-06$995,0002,78727.2%
6 BROMLEY CT2025-10$960,0002,89628.3%
37 HELENE ST2025-06$915,0002,54927.3%
6 MARKHAM CIR2025-10$995,0002,84728.0%
34 BROOKSIDE AVE2026-06$850,0002,79631.3%
10 JAKE BROWN RD2025-11$872,0002,54825.3%
17 PORSCHE DR2025-05$835,0003,03329.0%

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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 →