The Fair Share Report
36 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $489,871 – $594,830, from 12 comparable Old Bridge sales in the past 18 months, at this home's 1,408 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Old Bridge assessments sit below market value — republished every October, applied town-wide. A $552,444 home should be assessed near $156,507.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,107 below what the ratio math suggests (24.3%).
Step 4 · The tax rate — same for every Old Bridge home
$3.800 Schools · 62% $1.156 County · 19% $1.138 Town · 19%
This home's own bill implies $6.002 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Old Bridge sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6 STONEYBROOK DR | 2025-06 | $590,000 | 1,408 | 21.0% |
| 104 SOUTHWOOD DR | 2026-04 | $391,000 | 1,408 | 31.5% |
| 13 BEVERLY RD | 2025-10 | $625,000 | 1,434 | 19.5% |
| 15 ANDOVER RD | 2025-09 | $550,000 | 1,434 | 21.6% |
| 23 ORCHARD DR | 2026-05 | $565,000 | 1,440 | 21.5% |
| 11 WELLESLEY RD | 2025-01 | $485,000 | 1,394 | 25.9% |
| 22 WOODCREST DR | 2025-08 | $485,000 | 1,434 | 24.6% |
| 4 DARTMOUTH RD | 2026-04 | $250,000 | 1,368 | 51.1% |
| 56 WASHINGTON AVE | 2026-04 | $575,000 | 1,408 | 23.0% |
| 2 EMERSON LN | 2025-04 | $555,000 | 1,352 | 21.2% |
| 30 HILLIARD RD | 2025-07 | $602,000 | 1,350 | 21.1% |
| 58 PIEDMONT DR | 2025-03 | $598,000 | 1,380 | 23.6% |
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